Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. August 04, 2020

Shale Markets, Llc / Prosafe Still Negotiating With Lenders As Forbearance Agreement Expires

By Bojan Lepic Regardless of the recent loan forbearance agreement extension expiring, Prosafe is still in discussions with lenders to find a long-term financial solution which would stabilize operations. The post... ... Read Full Article Here For more great articles: Offshore Energy Today.
Read by 75% of LPs August 15, 2017

US Shale Output Poised To Keep Rising Despite Investor Concerns

Shale production in the largest US oilfield should rise by as much as 300,000 barrels per day by December, according to updated forecasts following the industry’s latest quarterly results.
Read by 43% of LPs June 30, 2017

ConocoPhillips To Sell Barnett Assets For $305M

ConocoPhillips said it would sell its assets in the Barnett shale field in Texas to Miller Thomson & Partners LLC for about $305 million.
Read by 73% of LPs June 26, 2017

For Investors In Shale Drilling, The Party's Over

<p>Wall Street appears to have lost its taste for the resurgent U.S. shale industry as oil prices tumble and energy share prices fall.</p>
Read by 67% of LPs June 19, 2017

EQT Buys Rice Energy To Create Shale Gas Drilling Giant

Deal combines two leading producers in the Marcellus and Utica shale formations.
Read by 51% of LPs June 14, 2017

Rosneft, Partners To Invest Over $8B In Russia's Offshore Energy Sector

Most Russian oil output comes from western Siberia, where fields are depleting, pushing firms to look for new regions. Sanctions complicate the process, barring Western firms from helping with Arctic offshore, deepwater and shale oil projects.
Read by 38% of LPs June 05, 2017

BHP CEO Says In Regular Talks On Future Of U.S. Shale Assets

BHP Billiton Ltd. is holding discussions with competitors on the future of parts of its U.S. shale business amid heightened&nbsp;scrutiny of the unit from shareholders, including activist investor Elliott Management Corp. The company recognizes it needs alternative strategies for some of the assets, particularly gas-focused operations, Chief Executive Officer Andrew Mackenzie told reporters Monday in Tokyo. The were multiple potential owners of the assets spread across the states of Texas, Arkansas and Louisiana, he said. &ldquo;We are in regular dialogue with those natural owners as to whether or not we can form more collaboration to allow us to share facilities,...
Read by 39% of LPs May 30, 2017

BHP CEO Tells Investors Options For US Shale Under Review

In a series of meetings last week, CEO Andrew Mackenzie stressed to shareholders that the company is open to selling parts of onshore portfolio
Read by 33% of LPs May 25, 2017

Saudi Arabia Plan To Hike Oil Prices Will BACKFIRE & Boost US Shale Producers, Say Experts

Saudi Arabia&#39;s waning grip on oil prices could loosen further if it sticks to a plan to limit supply in a desperate bid to drive up demand, according to experts.
Read by 35% of LPs May 25, 2017

BHP Hires Barclays To Sell Some US Shale Assets

BHP has hired Barclays to sell its US Fayetteville shale gas assets as the miner seeks to fend off activist funds.
Read by 60% of LPs