Crude explorers deployed fewer rigs in U.S. fields this week amid an escalating U.S.-China trade war that weighed on oil prices. Pressed by investors to show more austerity and return profits to shareholders, explorers spent the first five months of this year idling almost 10 percent of the onshore U.S. rig fleet. The outlook for […]
https://www.rangerminerals.com/wp-content/uploads/2019/05/640x-1-Cropped.jpg286640Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-05-14 15:15:082019-05-14 15:09:30The Trade Fight Between the U.S. and China Is Weighing on Oil Prices
U.S. shale oil—which just four years ago was the world’s second most expensive oil resource—is now the second cheapest source of new oil supply globally, just behind the giant onshore oil fields in the Middle East, Rystad Energy said on Thursday. Rystad Energy estimates in its latest cost of supply curve update that the average Brent Crude breakeven […]
https://www.rangerminerals.com/wp-content/uploads/2019/05/b647b3ca950db8da5e44980ed1824504-Cropped.jpg286718Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-05-13 18:00:152019-05-13 17:47:25Rystad: U.S. Shale Is Now The World’s Second Cheapest Source Of Oil Supply
Vicki Hollub won a bidding war for Anadarko Petroleum Corp. She is the chief executive of Houston oil company Occidental Petroleum. It was against oil giant Chevron Corp. And everything about the deal is why the center of gravity for the oil universe has moved to Texas. She has confidence in her company’s ability to […]
https://www.rangerminerals.com/wp-content/uploads/2019/05/1557528055-Occidental-Petroleum-Cropped.jpg286700Ranger Land & Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land & Minerals2019-05-13 17:30:002023-03-27 01:30:58Occidental Petroleum took on the Chevron Giant and Won Big in the Permian Basin
The Trade Fight Between the U.S. and China Is Weighing on Oil Prices
IndustryCrude explorers deployed fewer rigs in U.S. fields this week amid an escalating U.S.-China trade war that weighed on oil prices. Pressed by investors to show more austerity and return profits to shareholders, explorers spent the first five months of this year idling almost 10 percent of the onshore U.S. rig fleet. The outlook for […]
Rystad: U.S. Shale Is Now The World’s Second Cheapest Source Of Oil Supply
IndustryU.S. shale oil—which just four years ago was the world’s second most expensive oil resource—is now the second cheapest source of new oil supply globally, just behind the giant onshore oil fields in the Middle East, Rystad Energy said on Thursday. Rystad Energy estimates in its latest cost of supply curve update that the average Brent Crude breakeven […]
Occidental Petroleum took on the Chevron Giant and Won Big in the Permian Basin
IndustryVicki Hollub won a bidding war for Anadarko Petroleum Corp. She is the chief executive of Houston oil company Occidental Petroleum. It was against oil giant Chevron Corp. And everything about the deal is why the center of gravity for the oil universe has moved to Texas. She has confidence in her company’s ability to […]