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Write-Downs Abound for Oil Producers
2015-09-14 12:12:17| Energy - Topix.net
U.S. oil-and-gas producers have written down the value of their drilling fields by more in 2015 than any full year in history, as the rout in commodity prices makes properties across the country not worth drilling. A group of 66 oil and gas producers have taken impairment charges totaling $59.8 billion through June, according to a tally by energy consultancy IHS Herold.
Tags: oil
producers
abound
writedowns
U.S. oil producers thirsty for cash eye wastewater unit spin-offs
2015-09-11 21:18:03| Energy - Topix.net
Some U.S. oil producers are trying to sell parts of their lucrative saltwater disposal businesses in a sign that cheap crude is already forcing cash-starved companies to sell assets so oil can keep flowing. Many oil companies rely on outside contractors, which tend to be small, privately-held companies, to inject the briny byproduct of crude production hundreds or thousands feet deep into the earth, well below the water table.
U.S. oil producers thirsty for cash eye wastewater unit spin-offs
2015-09-11 18:42:35| Oil & Gas - Topix.net
Some U.S. oil producers are trying to sell parts of their lucrative saltwater disposal businesses in a sign that cheap crude is already forcing cash-starved companies to sell assets so oil can keep flowing. Many oil companies rely on outside contractors, which tend to be small, privately-held companies, to inject the briny byproduct of crude production hundreds or thousands feet deep into the earth, well below the water table.
Oil prices fall following Saudi Arabia's rejection of producers' summit
2015-09-11 01:00:00| Offshore Technology
Oil prices have fallen after Saudi Arabia rejected a plan to hold a summit to discuss the global troubles facing the commodity.
NEW Photo Contest: Celebrating Americas cattle producers
2015-09-07 12:00:00| Beef
Labor Day is a celebration of hard-working Americans, and we think Americas cattlemen and women are some of the hardest workers out there! As a nod to our nations beef producers, weve teamed up with Greeley Hat Works to host a photo contest and are seeking reader submissions of images portraying ranchers at work. Content Classification: Curated BEEF Daily read more
Tags: photo
contest
producers
americas
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