- Tight Gas & Oil
- Gas Hydrates
For crude prices to average $50 to $52 in 2017, OPEC must extend quotas and maintain compliance, and demand must increase, according to a report.
The JV, called OneStim, will rival Halliburton’s frack fleet in the U.S. and Canada and further shrinks the pressure pumping marketplace to the detriment of smaller companies, an analyst said.
The acquisitions add to the 210,000 net acres Devon Energy sold to White Star in 2016.
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