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Guyana Has No Plans to Cut Crude Output Despite Price Drop

2020-05-04 21:58:51| OGI

Mark Bynoe, the director of the Department of Energy, said the countrys crude production averages between 75,000-80,000 barrels per day (bbl/d) and is expected to ramp up to 120,000 bbl/d by early June.

Tags: price plans cut drop

 

EIA: US Oil Output Rises Despite Drop in Texas Production

2020-05-01 11:10:00| OGI

In Texas, the biggest oil-producing state, crude output dropped by about 5,000 bbl/d to 5.4 million bbl/d from a monthly record high of 5.41 million bbl/d in January.

Tags: production texas oil drop

 
 

Continental Resources Halts Shale Output, Seeks to Cancel Sales

2020-04-24 11:20:00| OGI

Continental Resources stopped all drilling and shut in most of its wells in the state's Bakken shale field, three people familiar with production in the state said April 23.

Tags: resources sales output cancel

 

Oklahoma Will Let Struggling Oil Producers Halt Output without Breaking Contracts

2020-04-22 22:25:00| OGI

The decision would allow oil and gas producers in Oklahoma with money-losing wells to retain leases that could be voided if production was halted.

Tags: oil output breaking oklahoma

 

China's pork imports triple and prices boom as national pork output hits 16-year low

2020-04-17 12:33:00| ThePigSite - Industry News

China's pork output in the first quarter fell 29.1 percent from a year ago to 10.38 million tonnes as the world's biggest producer continues to feel the impact of the African swine fever that decimated its hog herd.

Tags: low national prices hits

 

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