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From Oil and Gas Investor Editor-in-Chief: The Bear Case Privates
As public E&Ps promise capital discipline and slow or no growth through 2021, an unexpected and potentially price-busting trend is developing behind the scenes. Could private oil and gas producers ruin it for everyone?
EOG Embraces ‘Double Premium’ Drilling Strategy
Houston-based EOG Resources is focusing on so-called “double premium” wells that yield a 60% direct after-tax rate of return at $40/bbl WTI and $2.50 Henry Hub.
TC Energy Posts C$1 Billion Loss on KXL Suspension
Company attributes the first-quarter loss to halting work on the Keystone XL pipeline.