By Ron Bousso and David French LONDON/NEW YORK (Reuters) – BP is seeking to form joint ventures around its U.S. onshore natural gas fields to expand production and cut costs …
shale
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By Arathy Somasekhar HOUSTON (Reuters) – Top U.S. shale oil producers are raising output by pulling more from each well but lack the level of activity to add significant new …
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By Stephanie Kelly NEW YORK (Reuters) – U.S. oil producers were much more active last year in the prolific Permian Basin than the Energy Information Administration previously thought, the agency …
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By Arathy Somasekhar HOUSTON (Reuters) – Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output has absorbed most …
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US Shale Boss Says Industry’s Golden Age Is ‘Over’ Jack McEvoy on January 16, 2023 The head of the largest U.S. shale oil producer said that his industry, which saw …
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(Reuters) – U.S. energy envoy Amos Hochstein described the refusal of the country’s shale investors to ramp up drilling as “un-American” in an interview with the Financial Times on Sunday. …
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(Reuters) – Shale oil and gas producer EOG Resources Inc paid $847 million during the third quarter to settle wrong-way bets on energy prices, the company said in a regulatory …
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By Liz Hampton (Reuters) – Natural gas a few years ago was so unwanted that U.S. shale oil producers sold it at cost just to pump more oil. Today, prices …
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By Liz Hampton and Arunima Kumar (Reuters) -U.S. shale producers Devon Energy, Diamondback Energy and Coterra Energy on Monday reported sharp increases in profit that beat Wall Street estimates, but …
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By Liz Hampton – U.S. shale producers and OPEC, who not long ago were waging a price war, this week found themselves on similar sides as oil prices have surged …
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By David French – U.S. shale oil and gas producers Oasis Petroleum Inc and Whiting Petroleum Corp are close to agreeing an all-stock merger that could be announced as soon …
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By Liz Hampton – Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia’s invasion of Ukraine, leaving smaller producers to lead …
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MADRID – Spain’s Repsol has bought shale oil and gas assets from U.S. firm Rockdale Marcellus for $222 million, a company spokesperson said, confirming a report from Marketline. Repsol will …
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By Shariq Khan -Presidio Petroleum LLC is in advanced talks to acquire around 5,000 shale gas wells from U.S. oil producer Exxon Mobil Corp, two people familiar with the matter …
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By Shariq Khan and Sabrina Valle HOUSTON – Exxon Mobil on Monday launched a sale of its oil and gas properties in the first major U.S. shale field, a spokesperson …