Posted on November 11, 2014 at 11:21 am by Rhiannon Meyers in
Exploration,
Finance/Earnings,
Production |
The decision underscores the wide disparity between the economics of established shale plays and younger ones.
More »
Posted on November 10, 2014 at 5:18 pm by Rhiannon Meyers in
General |
Although Halcón posted a $186.9 million profit and saw production surge 16 percent in the third quarter, the Houston-based independent oil and gas company said falling oil prices necessitate a more conservative approach in 2015.
More »
Posted on November 5, 2014 at 1:20 pm by Rhiannon Meyers in
General,
Hydraulic fracturing |
The resurgence in domestic drilling made possible by new techniques like hydraulic fracturing and horizontal drilling has created thousands of new jobs since the recession, and nowhere is that more evident than the Lone Star State.
More »
BHP Billiton is preparing to export a processed, ultra-light oil overseas without the government’s explicit authorization — a move likely to be mimicked by other energy companies eager to sell crude to foreign buyers.
More »
Posted on November 4, 2014 at 10:25 am by Rhiannon Meyers in
Crude oil,
General |
Despite falling oil prices, Marathon Oil said it remains committed to key U.S. shale plays.
More »
Marathon Oil reported a 24 percent drop in third-quarter profit, as lower crude prices offset higher production.
More »
Posted on October 24, 2014 at 9:17 am by Rhiannon Meyers in
Eagle Ford,
Finance/Earnings
The Houston energy producer posted record high production thanks largely to its footprint in the Marcellus Shale and Eagle Ford Shale.
More »
Posted on October 20, 2014 at 9:49 am by Bloomberg in
Eagle Ford,
featured,
Shale
U.S. benchmark West Texas Intermediate oil has dropped 24 percent from its June high, but oil workers in the Eagle Ford shale can’t help but feel optimistic.
More »
Posted on October 17, 2014 at 5:39 pm by Bloomberg in
Crude oil,
featured,
Oil field services
Rigs targeting oil in the U.S. fell by the most in two months as producers curbed drilling following the biggest price rout since 2012.
More »
Posted on October 17, 2014 at 12:13 pm by Collin Eaton in
Corporate governance,
Finance/Earnings
Swift Energy’s debt has ballooned to nearly $1.2 billion and has shareholders nervous.
More »
It’s a good time to be among the handful of companies providing sand to the oil industry — one of the largest projects that the market will grow 30 percent in 2014.
More »
Posted on October 6, 2014 at 5:55 pm by Rhiannon Meyers in
LNG
Drilling companies in the booming Permian Basin may soon have an option to power their heavy-duty equipment with the same stuff they’re pumping from the ground.
More »