U.S. Petroleum Report March 29, 2017 from Blacklion Capital Management on Vimeo. U.S. Natural Gas Report March 30, 2017 from Blacklion Capital Management on Vimeo.
Big Oil is muscling in on shale country. Exxon Mobil Corp., Royal Dutch Shell Plc and Chevron Corp., are jumping into American shale with gusto, planning to spend a combined $10 billion this year, up from next to nothing only a few years ago. The giants are gaining a foothold in West Texas with such […]
Brought to you by the Houston Business Journal Marathon Oil Corp. (NYSE: MRO) continues to bet on the Permian Basin with another multimillion-dollar deal for thousands of acres in the area that’s attracted the attention of energy companies in recent months. Houston-based Marathon Oil bought 21,000 net surface acres in the Permian’s northern Delaware Basin […]
Exxon and other big oil players have a plan to make a lot of money off cheap oil in the United States
Exxon CEO: Plan to spend $22 billion in capex next year Thursday, 2 Mar 2017 | 6:21 AM ET | 03:28 When Exxon Mobil’s new CEO spoke to Wall Street this week, high on his list of growth opportunities were the nontraditional oil fields in the United States, where the diversified energy giant can make a […]
Brought to you by the Houston Chronicle MIDLAND – Lyn Sockwell, a 61-year-old oil field worker, spent 2016 peddling mac and cheese out of a shiny blue trailer on the street corners of this West Texas city. Sockwell was laid off from an oil services company here two years ago, his third layoff over three […]