Post Tagged with: "Independents"

Source: Reuters

U.S. oil and gas independents returned $18.1 billion to shareholders in 2021

World Oil


U.S. oil and gas producers recovered and reset in 2021, posting increased profits of $73.7 billion and $211.9 billion in revenues, with significant deal activity that drove $144.1 billion in capital expenditures (capex), according to the EY…

WoodMac: Onshore and Offshore Oil Now Have More in Common

WoodMac: Onshore and Offshore Oil Now Have More in Common

From The Houston Chronicle

After much of the energy sector abandoned deepwater drilling to focus on quicker and cheaper shale oil, the offshore and onshore industries suddenly have much more in common than they once did.

The two sectors are …

Oil Giants Won’t Bail Out Overpriced Independents in the Permian Basin

Oil Giants Won’t Bail Out Overpriced Independents in the Permian Basin

Permian drillers may have to be squeezed by weak prices for a bit longer before they dial down their expectations: Exxon CEO Woods

From Bloomberg

HOUSTON (Bloomberg) — Oil giants probably won’t be buying up the Permian basin’s struggling independent …