Chesapeake expects to find partners for the natural gas section of its Ohio’s Utica Shale once commodity prices recover, said Aubrey McClendon.
Chesapeake expects to find partners for the natural gas section of its Ohio’s Utica Shale once commodity prices recover, said Aubrey McClendon.
Crude-oil futures rose for a fourth session, settling modestly higher after central banks coordinated moves to shore up the global financial system.
As the “Baby Boom” generation retires, it’s creating a big demographic shift in the oil and gas industry. The Rigzone series “The Great Crew Change” explores how the industry is handling this transition.
Maersk Oil & Gas has exercised its two one-year options on Northern Offshore’s Energy Endeavour jackup, keeping the rig in the Danish North Sea until April 2014, the company said.
The EPA should not try to rush to finalize by this coming April a newly proposed rule on air emissions from fracking and other production operations, said the API.
Lukoil Group’s investment costs for 2012-2014 are expected to be approximately $48 billion, including $13.9 billion in 2012.