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Drilling & Exploration
Drilling & Exploration News
U.S. shale firms amp up natural gas output as futures signal more gains
Higher natural gas futures prices for 2021 and a continued glut of crude oil are prodding U.S. shale firms to boost gas drilling and production. Read more
Nov 30, 2020
U.S. shale oil output to drop 139,000 bpd to 7.51 million bpd in December
U.S. oil output from shale formations is expected to decline by about 139,000 barrels per day (bpd) in December to about 7.51 million bpd, the lowest level since June. Read more
Nov 17, 2020
Genesis Energy expects up to $50 million in losses due to storms
Genesis Energy LP said it expects to lose as much as $50 million this year due to a battery of storms that hit the U.S. Gulf of Mexico and forced lengthy offshore oil and gas production shut-ins, Chief Executive Grant Sims told investors. Read more
Nov 6, 2020
