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2019-11-15 14:00:00

U.S. SHALE FREEZING

U.S. SHALE FREEZING

REUTERS - The U.S. shale industry plans another spending freeze next year, and a sharp slowdown in production growth, as prolific oil and natural gas output has pressured prices and squeezed profits.

Blistering growth in shale fields propelled U.S. crude output to a record 13 million barrels per day (bpd) this month.

As production swelled, U.S. crude futures dropped 7.5% in the third quarter on worries about global trade tensions. Investors have fled the sector as returns have lagged those of market indexes for years. Shale companies have been cutting…

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Earlier:

U.S. SHALE FREEZING
2019, October, 30, 09:50:00
U.S. GAS EXPORTS UP TWICE
From January through June of 2019, U.S. net natural gas exports averaged 4.1 billion cubic feet per day (Bcf/d), more than double the average net exports in 2018 (2.0 Bcf/d),
U.S. SHALE FREEZING
2019, October, 28, 14:00:00
U.S. SHALE DOWN
Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations.
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Tags: USA, OIL, GAS, SHALE
Chronicle:
U.S. SHALE FREEZING
2019, December, 9, 13:08:00
Green Workplace Summit 11 December 2019
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U.S. SHALE FREEZING
2019, December, 9, 13:07:00
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2019, December, 9, 13:05:00
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2019, December, 9, 13:00:00
NUCLEAR POWER FOR CO2 CUTTING
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U.S. SHALE FREEZING
2019, December, 9, 12:55:00
RUSSIA'S NUCLEAR FOR IRAN STOPPED
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2019, December, 9, 12:40:00
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