More than 1,200 industry executives representing operators and service companies gathered in Midland, Texas, for the annual Executive Oil Conference presented by Oil and Gas Investor. In this video, attendees weigh in on topics ranging from Permian acreage prices, oil service costs, OPEC production cuts and the future of the Delaware and Midland basins.
The acquisitions included the purchase of Red Bone Services and Tecton Energy Services, two oilfield service companies KLX Energy Services CEO says provide significant cross-selling opportunities.
Former Enron Corp. CEO Jeffrey Skilling has been holding meetings, hoping to win backing for a new energy venture, the Wall Street Journal reported citing unnamed sources.
Simmons Energy analysts reveal that unconventional shale is “showing signs of stress” as E&Ps disclose performance-related reserve writedowns.