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US Natural Gas Output, Demand Seen Rising To Record Highs In 2019

2019-08-06 21:02:08| OGI

U.S. dry natural gas production will rise to an all-time high of 91.03 billion cubic feet per day (Bcf/d) in 2019, breaking last years record of 83.39 Bcf/d, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Aug. 6.

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Chevrons Profit Surges 26% On Higher Output, Termination Fee

2019-08-02 15:29:20| OGI

Net income attributable to the company rose to $4.31 billion, or $2.27 per share, in the second quarter ended June 30, from $3.41 billion, or $1.78 per share.

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Hess Loss Smaller Than Expected On Higher Bakken Output

2019-07-31 15:04:44| OGI

Production rose about 23% to 140,000 barrels of oil equivalent per day (boe/d) from Bakken and about 38% to 65,000 boe/d from the Gulf of Mexico.

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BP Profit Again Outstrips Forecasts, Lifted By Higher Oil Output

2019-07-30 14:51:01| OGI

The second-quarter profit was up from $2.4 billion in the previous quarter, while BPs operating cash flow recovered to $6.8 billion in the quarter from $5.3 billion in the previous quarter as a result of a one-off working capital release.

Tags: higher oil output profit

 

Anadarko Petroleum Beats Estimates On Higher Output

2019-07-26 23:06:18| OGI

Anadarkos second-quarter average daily production rose 16.8% to 744,000 barrels of oil equivalent (boe), beating analysts' expectations of 719,130 boe/d, according to IBES data from Refinitiv.

Tags: higher output estimates beats

 

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