Exploration & Production

March 17, 2020

North American shale firms update 2020 plans

BY Luke GeiverIn the absence of any further negotiations or agreements from OPEC and Russia to reign in global production, tight shale oil and gas producers based in the U.S. are changing their plans for 2020. READ MORE

March 10, 2020

US shale players respond to oil price drop, COVID-19

BY Luke GeiverThe uncertainties created by COVID-19, the oil price war escalation between Russia and OPEC and the resulting oil price decrease to levels not seen since 2015, major U.S. shale players are making it clear: operations will continue at lower scale. READ MORE

February 27, 2020

Continental explains 2020 shale plan

BY Luke GeiverContinental Resources will spend roughly $2.2 billion in 2020 to further develop its Williston Basin and SCOOP/STACK portfolio. The planned spending total is flat compared to the previous year. READ MORE

February 27, 2020

Saudi Aramco eyes massive shale gas field

BY Luke GeiverSaudi Aramco, the Saudi Arabia-owned oil and gas production conglomerate that issued a $25.6 billion initial public offering earlier this year, is now pursuing shale gas inside the borders of Saudi Arabia. READ MORE

February 27, 2020

Lonestar signs Eagle Ford agreement for longer laterals, HBPs

BY Luke GeiverLonestar Resources isn't going at the Eagle Ford shale alone this year. The independent exploration and production company has signed a joint development agreement in Gonzales County, Texas, across 15,000 acres. READ MORE

February 18, 2020

Noble looks to DJ, Delaware and offshore for 2020 oil, gas effort

BY Luke GeiverWhile Noble Energy continues to invest in its offshore oil and gas efforts, the exploration and production entity will continue to prioritize efforts in the DJ and Delaware Basins, minus the Eagle Ford. READ MORE

February 18, 2020

EIA revises global liquid fuels demand growth due to coronavirus

BY U.S. Energy Information Administration EIA estimates that COVID-19 will reduce China’s total petroleum and liquid fuels demand by an average of 190,000 b/d in 2020. This forecast is based on estimates of three components. READ MORE

February 11, 2020

Texas RRC commissioner explains flaring in Permian

BY Railroad Commission of Texas "There are many misconceptions about what flaring is and how much we are flaring in Texas," said Chairman Wayne Christian. "This uncertainty has led to confusion and concern among the general public and on Wall Street." READ MORE

February 11, 2020

New Deloitte oil, gas study shows shifting strategies

BY Deloitte As we enter 2020, the new decade seems to be ushering in a new era of oil and gas portfolio design driven by changing shareholder and investor expectations. READ MORE