Daily Archives: February 16, 2016

Oklahoma implements largest reduction plan yet for disposal wells

Rate this article The Oklahoma Corporation Commission’s Oil & Gas Conservation Division (OGCD) announced its largest volume-reduction plan yet for oil and gas disposal wells in western Oklahoma’s Arbuckle formation in response to increased numbers of earthquakes. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Report sheds light on E&P cash crunch

Rate this article Nearly 35%, or around 175, of pure-play exploration and production companies listed worldwide, are at high-risk of slipping into bankruptcy in 2016, according to a new Deloitte study. Read Full Article Here For more great articles: Offshore RSS Feed

Analysis: Production freeze clouded by conditions, history

Rate this article Although countries saying they’ll freeze oil production account for 25% of global supply, conditions of their Feb. 16 agreement and history offer little reason to expect much change in an oversupplied market. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest