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Shale Producer Cabot Cuts Production Outlook on Weak Gas Prices

2020-10-08 01:44:22| OGI

"We remain optimistic about the improving natural gas supply and demand outlook heading into 2021," Cabot Oil & Gas CEO Dan Dinges says.

Tags: prices production gas weak

 

How US Shale Gas Fits in Evolving Global Market

2020-09-16 17:50:00| OGI

U.S. natural gas production is declining as domestic consumption falls but global demand, including for LNG, is adding to optimism.

Tags: market global gas fits

 
 

Shale Producer EQT Cuts Natural Gas Production in September

2020-09-10 21:30:00| OGI

The production curtailment was smaller than EQT's last reduction of about 1.4 Bcfe/d of gross production on May 16 as demand destruction from the coronavirus cut prices for the fuel to a near 25-year low.

Tags: september natural production gas

 

Panhandle Oil and Gas Enters Haynesville Shale with Red Stone Acquisition

2020-08-31 11:30:00| OGI

The acquisition by Panhandle Oil and Gas of two packages from Edmond, Okla.-based Red Stone Resources fits well with the companys strategy to grow, President and CEO Chad Stephens says.

Tags: red gas oil stone

 

Colorado Shale Producer Extraction Oil & Gas Enters Bankruptcy

2020-06-15 15:25:00| OGI

Extraction Oil & Gas is the second largest U.S. shale producer to file for bankruptcy since the oil market collapse driven by the COVID-19 pandemic.

Tags: gas oil colorado producer

 

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