Archives for February 2019
Drilling Down: Sanchez Energy drills on despite delisting
The Houston company plans to target the Briscoe Ranch field in the western section of the Eagle Ford to in nine separate horizontal drilling projects. Source: FuelFix
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Former VP sues Citgo amid allegations of fraud, theft
The case, filed in Harris County state district court, could shed new light on a troubled period at Citgo Petroleum, which has been caught in the crosshairs of a political tug-a-war over the future Venezuela...
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Citgo confirms new opposition-appointed board
Power over Houston’s Citgo Petroleum has officially shifted hands to a new board of directors appointed by Venezuela’s opposition government in mid-February. Source: FuelFix
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Rig count dips in Oklahoma, Gulf of Mexico
The nation’s tally of rigs drilling for oil and gas dipped by four from last week with rigs being removed from Oklahoma and the Gulf of Mexico. Source: FuelFix
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Oil poised for weekly advance on trade talks, OPEC commitment
Crude is poised for a second straight weekly advance as investors focus on talks between the U.S. and China on trade and as OPEC shows commitment to curbing production. Source: FuelFix
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