by admin@hew-tex | Apr 27, 2018 | Hew-Tex, Uncategorized
Nasdaq : AOL Network – April. 26, 2018 Apr.26 — Selling more than two million barrels a day of U.S. crude overseas may soon be the new normal. The U.S. sent out record amounts of crude to foreign destinations last week, with domestic output hitting an...
by admin@hew-tex | Apr 24, 2018 | Hew-Tex, Uncategorized
Bloomberg: Markets By Jessica Summers and Sheela Tobben April 24, 2018, 10:50 AM MDT The Permian shale play is all about setting records. Now, the region will probably become the world’s largest oil patch over the next decade. Output in the basin is forecast to reach...
by admin@hew-tex | Apr 18, 2018 | Hew-Tex, Uncategorized
World Oil: Jim Redden, Contributing Editor Soaring drilling, production block out irritants The storied wide open spaces of West Texas aren’t so much these days. Despite an aerial reach of more than 75,000 mi2, overlaying up to 12 prospective zones, the growing...
by admin@hew-tex | Mar 28, 2018 | Hew-Tex, Uncategorized
Matt Zborowski, Technology Writer | 28 March 2018 Journal of Petroleum Technology Concho Resources has agreed to acquire RSP Permian in an all-stock deal valued at $9.5 billion including $1.5 billion in RSP debt. The move is expected to make Concho the Permian Basin’s...
by admin@hew-tex | Mar 28, 2018 | Hew-Tex, Uncategorized
Concho Resources’ purchase of RSP Permian would create biggest active driller in shale hotspot By: Christopher M. Matthews and Bradley Olson Updated March 28, 2018 11:03 a.m. ET The Wall Street Journal: Business Concho Resources Inc. has agreed to buy RSP Permian...
