Efficiency Gains Boost U.S. Oil & Gas Production and Cut Costs, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Jul 31, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Efficiency gains are allowing oil and gas producers to increase production while lowering costs, enabling some to reduce their capital budgets. The increased production stemming from technology gains and improved operating practices is good news for producers and consumers. But suppliers of capital may experience decreased demand for their services, a downside of the industry's efficiency gains.
Within this article: Information regarding oil and gas production efficiency gains in the Bakken, Niobrara, Eagle Ford and Haynesville shales.
Other companies featured: Range Resources Corporation (NYSE:RRC), EOG Resources Incorporated (NYSE:EOG), Sanchez Energy Corporation (NYSE:SN) and Royal Dutch Shell Plc (NYSE:RDS.A)
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
(July 31, 2014 - 6:00 AM EDT)
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