| EOG wells comprise largest share of 900 N.Dakota wells awaiting fracking | |
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By Ernest Scheyder WILLISTON, N.D., April 14 (Reuters) - Wells owned by oil producer EOG Resources Inc comprise the largest number of an estimated 900 North Dakota wells waiting to be fracked, state officials said on Tuesday. The number of new wells that have been drilled but waiting to be fracked has risen in recent months amidst a more than 50 percent drop in crude prices and an expect $5.3 billion industry tax break in June. While the estimate of unfracked wells had been published monthly, it wasn't clear until Tuesday which companies were delaying fracking. Oilfield service companies have aggressively sought the information, hoping to drum up new business with those delaying. EOG is "able to drill a lot of wells and maintain production, while still bank a lot of wells for future price increases," Lynn Helms, head of the state's Department of Mineral Resources, said on a conference call with reporters. An EOG representative was not immediately available to comment. (Reporting by Ernest Scheyder; Editing by Chizu Nomiyama)
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EOG Resources
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CODE : EOG |
ISIN : US26875P1012 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
EOG Res. est une société de production minière et de pétrole basée aux Etats-Unis D'Amerique. EOG Res. est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 78,5 milliards US$ (73,4 milliards €). La valeur de son action a atteint son plus bas niveau récent le 11 juillet 2003 à 10,00 US$, et son plus haut niveau récent le 26 avril 2024 à 135,70 US$. EOG Res. possède 578 636 343 actions en circulation. |