The independent E&P focused on the Eagle Ford joins a growing list of companies filing bankruptcy.
Natural gas makes up for a majority of Chesapeake Energy's production. But the company has been shifting its focus to oil production as gas prices have been pressured.
Industry watchers say economics and the definition of waste could be at play in a decision on whether to grant a flaring permit, unless the involved parties reach an agreement.
The Occidental-Anadarko takeover plus the completion of Encana and Chesapeake’s multibillion-dollar mergers top our list of upstream deal-making from the first half of 2019.
Oil and gas M&A activity roared back to life in the second quarter driven by Occidental’s Anadarko takeover. But will that momentum continue?