Post Tagged with: "Independents"

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 …