Chevron Corporation plans to cut its total capital and exploratory budget for a fourth consecutive year in 2018—to $18.3 billion, compared to the $19.8 billion that it planned for this Continue Reading
Chevron Corporation’s capital and exploratory budget will be $18.3 billion in 2018, down from $19.8 billion in 2017. Chevron Corporation’s capital and exploratory budget will be $18.3 billion in 2018, Continue Reading
New technology applications are breaking records in the Austin Chalk. Somewhere down the line, someone coined the phrase, “Big oilfields only get bigger.” Now an adage, the observation was made Continue Reading
No doubt, these four companies are solid and have a lot of running room, but so are the other 12 companies. Plus, all of the upstream oil & gas companies Continue Reading
Shale drillers are starting to show some caution when it comes to their pace of drilling, but some of the oil majors are still increasing their efforts in the shale Continue Reading
The renewed optimism in the oil markets and the $55-plus WTI prices may have warranted frenzied production growth across the U.S. shale patch, if it wasn’t for the 2015-2016 downturn. Continue Reading
While the dust may now have settled on last week’s OPEC meeting, the cartel’s impact on U.S. oil inventories is set to linger on. Stocks are at their lowest level Continue Reading
A gas pipeline running from Texas shale could be converted to send oil to the Gulf Coast by the start of the next decade, Enterprise Products Partners said. The company Continue Reading
While the dust may now have settled on last week’s OPEC meeting, the cartel’s impact on U.S. oil inventories is set to linger on. Stocks are at their lowest level Continue Reading
Twelve major shareholders in U.S. shale-oil-and-gas producers met this September in a Midtown Manhattan high-rise with a view of Times Square to discuss a common goal, getting those frackers to Continue Reading
