- Tight Gas & Oil
- Gas Hydrates
Combined with a sale announced in May, Titan Energy said it will eliminate $189 million in debt through deals so far in 2017.
Whether ‘lower for longer,’ ‘lower forever’ or the ‘new normal,’ oil prices in the $50 range require E&Ps to rethink how to do business.
Some E&Ps are ramping up production, spending more, ignoring balance sheet repair and continuing to get rock bottom prices from oilfield service companies. Can the recovery handle it?