ConocoPhillips (NYSE:COP) expects its shale production to increase 25% next year even as crude oil prices tumble, proving the industry’s resilience in volatile markets, CEO Ryan Lance tells Bloomberg.
Search Results for: Eagle Ford Shale
Matador Resources Company announced midstream joint venture
Matador Resources Company (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of its midstream joint venture, San Mateo Midstream, LLC (“San Mateo”), has…
Lonestar entered into an agreement for a dedicated frac spread for 2019
Lonestar also announced that it has entered into an agreement for a dedicated frac spread for 2019 with a leading energy service company. Bracken added,…
Sanchez Energy company appears to be insolvent
Liberty Oilfield Services (NYSE:LBRT) Lowered to “Strong Sell” at ValuEngine
Liberty Oilfield Services Gets a “Strong Sell” at ValuEngine Liberty Oilfield Services (NYSE:LBRT) last announced its quarterly earnings results on Tuesday, October 30th. The company…
EOG Will Boosts Spending, Oil Production Guidance After Record Quarter
EOG Resources Inc. is increasing its 2018 exploration and development expenditure forecast and raising its target for full-year crude oil production growth after posting record volumes during the third quarter, management said.
A Perfect storm is approaching Liberty Oilfield Services
The Permian Basin is responsible for the greatest oil production gains in the U.S. in recent years. Over the past eight years, there has been phenomenal…
Two refiners in South Korea have rejected cargoes of U.S Crude Oil over poor quality concerns
Low-Quality U.S shale crude oil? The two South Korean refiners — SK Innovation Co. and Hyundai Oilbank Co. — turned away their purchased shipments of…
The Bakken accounted for 40% – 50% of nationwide horizontal re-frac activity
The horizontal re-frac market within the US onshore scene has boomed in recent years, with the number of horizontal re-frac jobs increasing every year over…