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Permian Producer Hibernia Resources Sees Major Gains with Cold Bores SmartPAD

2020-06-23 18:09:54| OGI

Hibernia's implementation of the completions optimization system led to $30,000 saving in reclaimed time and $10,000 per week in reduced downtime on a single pad.

Tags: resources major cold producer

 

Appalachia Shale Producer Antero Closes $402 Million ORRI Sale

2020-06-15 22:00:00| OGI

The ORRI transaction with Sixth Street Partners addresses over half of Antero Resources $650 million to $900 million asset sale goal for 2020 while allowing the Appalachia shale producer to pay down debt, CEO Paul Rady says.

Tags: sale million producer closes

 
 

Colorado Shale Producer Extraction Oil & Gas Enters Bankruptcy

2020-06-15 15:25:00| OGI

Extraction Oil & Gas is the second largest U.S. shale producer to file for bankruptcy since the oil market collapse driven by the COVID-19 pandemic.

Tags: gas oil colorado producer

 

Offshore Producer Fieldwood Energy Sued Over $19.2 Million Bond Collateral

2020-06-12 21:00:00| OGI

Fieldwood Energy on June 11 was sued by an insurance provider for allegedly failing to post $19.2 million in collateral for performance bonds, according to a Texas state court filing.

Tags: million energy bond producer

 

National Hog Farmer, Genesus unveil 2020 Global Mega Producer list

2020-05-27 16:35:00| National Hog Farmer

There are now 34 mega producers that together own more than 11.5 million sows, adding more than 2.5 million sows to global production.

Tags: list national global producer

 

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