Velda
Addison
Hart Energy
Opinion: Is Oil Price Volatility Increasing in the Long Run?
RED President Steve Hendrickson examines oil price volatility in a historical context and whether U.S. shale producers should act as a “shock absorber” for oil supply.
US Shale Growth in Sight But Not Without Obstacles
Rising costs, supply chain woes and inflation challenges grow amid drive to boost U.S. shale production, analysts say.
Hess to Give ‘Strong Consideration’ to Fourth Bakken Rig
Hess also opted to pay roughly $325 million to remove Brent $105 call options and WTI $100 call options in a bid to profit off a steep rise in oil prices, CEO John Hess said at the Scotia Howard Weil Energy Conference.
Quick Take: Potential Sale of Exxon Mobil’s Bakken Assets
Exxon Mobil continues to pursue opportunities to divest, and the oil and gas supermajor’s Bakken assets could be worth $5 billion.
E&P Tech Spotlight: Getting Clear Visuals for Well Reservoirs
Schlumberger’s reservoir mapping-while-drilling services can be used to give operators clearer visuals into their wells and the challenges that befall them.
Argentina Oil Output Hits 11-year High, Driven by Shale
Production in Argentina’s huge Vaca Muerta Shale formation led the increase, with unconventional oil output rising 55% and making up 39% of the total, or 222,000 bbl/d.
Colorado Oil Regulator Rejects Occidental’s Plan to Drill Near Homes
the Colorado Oil and Gas Conservation Commission voted 4-1 to reject Occidental Petroleum’s proposed plan to drill new oil and gas wells in Firestone, Colorado.
Pioneer, ConocoPhillips, Chesapeake Execs Eye Single-digit Growth in US Shale
“We’re not going to chase growth like we all did over the last 10 years. We’re going to limit our growth to 5% long-term,” Pioneer Natural Resources CEO Scott Sheffield said during a CERAWeek panel focused on U.S. shale.
Occidental, ConocoPhillips CEOs Talk Shale Growth as Challenges Mount
The U.S. shale industry is challenged to overcome supply chain woes as the energy crisis and years of weak oil and gas investment call for action to meet today’s rising energy demand.
Point Energy Partners Adds Brenner, Acosta, Boyd to Delaware Basin Management Team
Point Energy Partners announced the promotion of Jay Brenner and addition of Joel Acosta as senior vice president of operations. Cameron Boyd also joined the team as vice president of operations.