News
Chevron’s future growth prospects dwindle with reserves decline
Chevron Corp.’s future growth prospects may be dimming after the oil explorer pumped more crude than it discovered or bought last year, eroding its portfolio of untapped fields. Source: FuelFix
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U.S. oil and gas rig count still sitting near 3-year low
The nation had 791 oil and gas drilling rigs this week Source: FuelFix
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Decades after oil spill, Barnett Shale lake deemed safe
Nearly three decades after a large oil spill contaminated it, Bass Lake near the West Central Texas town of Gorman has been deemed safe for recreational use and redevelopment efforts, state officials reported. Source: FuelFix
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Studies: Water reuse key to the future of shale
Reusing oil field wastewater for hydraulic fracturing operations will be critical to maintaining productivity in U.S. shale plays, a pair of studies reveals. Source: FuelFix
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Oil’s recovery falters with renewed virus concerns
Oil fell, paring this week’s gain, as renewed concern over the impact of the coronavirus overshadowed hopes that China’s stimulus efforts will cushion the blow to demand. Source: FuelFix
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