Tag: Operational highlights
Fracker Trican lowers US costs, adjusts operations to slower market
Management has meaningfully reduced the U.S. operations’ cost structure and continues to adjust it to current industry activity and operating conditions Texas hasn’t been kind to Trican Well Service in the past year. The Calgary-based company idled the last of its two fracking crews in Oct., with only six of its 16 U.S. units still operating. Last […]
EOG Resources increases Delaware Basin potential by 1 billion barrels
Eagle Ford continues to be EOG Resource’s largest high return play EOG Resources, Inc. has reported a third quarter 2015 net loss of $4.1 billion, or $7.47 per share. This compares to third quarter 2014 net income of $1.1 billion, or $2.01 per share. During the third quarter 2015, proved oil and gas properties and related […]
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