by admin@hew-tex | Jan 17, 2019 | Hew-Tex, Uncategorized
By KEVIN CROWLEY, ALIX STEEL AND RACHEL ADAMS-HEARD on 12/11/2018 HOUSTON and NEW YORK (Bloomberg) – Major oil companies are investing more in U.S. shale, not less, after the recent tumble in crude prices. It’s a far cry from four years ago when OPEC declared war on...
by admin@hew-tex | Jan 15, 2019 | Hew-Tex, Uncategorized
Paul Hart Midstream Editor-at-Large, Oil and Gas Investor Hart Energy – Tuesday, January 15, 2019 – 7:30am DALLAS—Permian Basin drillers have begun to standardize drilling and completion programs that maximize production while keeping costs reasonable,...
by admin@hew-tex | Jan 15, 2019 | Hew-Tex, Uncategorized
Worldoil.com: By CHRISTOPHER SELL on 1/15/2019 LONDON (Bloomberg) — The year has barely begun but it’s already shaping up nicely for OPEC, with crude rebounding sharply after the worst fourth-quarter performance since 2014. A new production cuts deal with...
by admin@hew-tex | Jan 13, 2019 | Hew-Tex, Uncategorized
Worldoil.com: By KEVIN CROWLEY on 1/13/2019 HOUSTON (Bloomberg) — Chevron Corp. will spend about half its capital budget on projects that yield quick returns over the next three years, underscoring the importance of shale as it prepares for growing uncertainty...
by admin@hew-tex | Dec 30, 2018 | Hew-Tex, Uncategorized
Seekingalph.com: Nov. 30, 2018 4:40 AM ET – Callum Turcan Exxon Mobil Corporation hopes to stem oil & gas production losses by investing heavily in the Permian Basin. Overview of the company’s current asset base, resource potential, and development...
by admin@hew-tex | Dec 27, 2018 | Hew-Tex, Uncategorized
Forbes.com: Robert RapierContributor – Dec 27, 2018, 10:01am A Soaring DUC Inventory. But are there indications that Permian production will continue to grow? Yes. Consider the soaring inventory of drilled but uncompleted (DUC) oil wells. Many people will tell...