Post Tagged with: "Shale drillers"

Source: Bloomberg

Shale drillers must merge with diversified companies to survive long term, Pioneer CEO says

World Oil


(Bloomberg) – The independent shale drillers that undermined OPEC’s decades-long grip on global oil markets soon will be a thing of the past as they merge with international giants, according to one of the industry’s founding members.

Pure-play …

Source: Reuters

Shale drillers struggle to find workers as unemployment dropped last month

Yahoo Finance


The job market in the US shale patch is showing further tightness as drillers struggle to find enough workers to meet output targets this year, according to a Labor Department report released Friday.

 

The unemployment rate fell …

Source: World Oil

Energy investor: Shale drillers must speed up climate pledges

World Oil


Publisher’s Note: Civitas Resources will be participating at EnerCom Denver-The Energy Investment Conference on August 7-10, 2022. Register to attend.

(Bloomberg) — More U.S. shale producers should aim for net-zero emissions, while drillers that have already made climate …

Source: Reuters

Shale drillers foresee ‘world of hurt’ in Biden’s green economy

World Oil


(Bloomberg) — U.S. shale drillers are incurring record labor and equipment costs so they can cash in on the highest oil prices in 14 years. They say one of the reasons they’re not doing more is because of …

Source: World Oil

Shale drillers delaying emissions cuts from operations, says Federal Reserve

World Oil


HOUSTON (Bloomberg) –Less than half of oil and natural gas drillers in the U.S. Great Plains and Rocky Mountains plan to curb emissions of carbon dioxide and methane this year, according to the Federal Reserve Bank of Kansas …

Source: Reuters

Shale drillers face record cost pressures as banks shun the sector

World Oil


Equipment, …

December 30, 2021 - 12:30 pm Capital Markets, Closing Bell Story‎, Energy News, Finance
Source: World Oil

Shale drillers’ production discipline pays off as oil prices tumble

World Oil


HOUSTON (Bloomberg) –Shale drillers’ newfound commitment to production discipline appears to be paying off as crude plunges toward a bear market.

While West Texas Intermediate crude is poised for the biggest monthly loss since the beginning of the …

Source: World Oil

Shale drillers see more interest from banks as oil prices rally

World Oil


(Bloomberg) –Banks are gradually offering more credit to U.S. shale oil and natural gas producers as the industry recovers from last year’s contraction and energy prices rally.

So-called borrowing bases will increase as much as 20% during the …

Source: Houston Chronicle

Shale drillers float Jones Act waiver as balm for price pain

Houston Chronicle


U.S. oil companies battered by the crude price war between Saudi Arabia and Russia are encouraging the Trump administration to waive a law that mandates only American vessels can be used to transport goods among U.S. ports.

A …