- Tight Gas & Oil
- Gas Hydrates
North America revenue grew by 6% to $1.9 billion, while international revenue dropped by 7% to about $4.9 billion compared with the previous quarter.
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.
However, sellers’ value expectations may lead to a widening of the bid-ask spread, PwC said.
Seven years since its last assessment, additional drilling and data show the shale plays outshine the Marcellus and Utica, both of which were last assessed at the beginning of the decade.
Speculation over potential Haynesville IPOs has included Vine and 2016 deal makers Indigo Minerals and Covey Park Energy.
The Dallas-based company plans to use proceeds to fund the development of its core Haynesville and Bossier shale assets.
Midland County, Texas, led the nation with the largest decrease in employment among large cities, while Irion County weekly pay was second-highest among small Texas counties.
Two prominent U.S. shale producers diverged on the role and price outlook for natural gas.
Repeal of the U.S. Bureau of Land Management’s waste prevention rule passed the House, but awaits action from the Senate.
In fourth-quarter 2016, nearly all of the $11.9 billion in transactions were made by public companies purchasing from private-equity firms.
The company forecasts economic growth in developing countries to lead the way for energy consumption while oil and natural gas become the dominant resource by 2040.
The industry is coming back to life, with recovery reaching outside the prolific Permian Basin.