Shale Drillers Idle U.S. Rigs at Fastest Pace in Almost Two Years
Wedoany.com Report-Apr. 14, U.S. shale drilling activity slowed significantly this week, marking the steepest decline in nearly two years, as global trade uncertainties weigh on energy demand forecast...
Texas Shale Industry Voices Frustrations With Trump as Oil Prices Tank
Wedoany.com Report-Apr. 10, At the Permian Basin Petroleum Association’s Spring Swing golf tournament in Odessa, West Texas, oil industry leaders expressed frustration beyond the game. The event...
CERAWEEK Turkey to Develop Its Shale Fields With US Producer Continental Resources
Wedoany.com Report-Mar 13, Turkish national oil company TPAO has signed a joint venture agreement with U.S. oil producer Continental Resources to develop shale fields in the country’s Diyarbakir...
IOG Resources Raises Production Stakes in Appalachia
Wedoany.com Report-Mar 3, IOG Resources has acquired non-operating working interests in the Utica shale, raising its net production in the Appalachian Basin by about 26 million cubic feet of natural g...
Shale Producer APA Misses Fourth-Quarter Profit Estimates on Weak Prices
Wedoany.com Report-Feb 27, On Wednesday, February 26, 2025, U.S. shale producer APA Corp, based in Houston, reported its fourth-quarter earnings for 2024, falling below Wall Street projections. The sh...
Diamondback Nears Permian Deal to Buy Shale Producer Double Eagle
The transaction could be valued at more than $5 billion, the Wall Street Journal reported Friday, citing unnamed sources. Wedoany.com Report-Feb 18, Diamondback Energy Inc. is closing in on a deal to...