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Wednesday, February 5, 2025

March 24, 2020

U.S. kicks off new drilling lease sales despite oil market slump- oil and gas 360

U.S. kicks off new drilling lease sales despite oil market slump

March 24, 2020

Reuters The Trump administration moved ahead with oil and gas lease sales in four Western states on Tuesday, bucking criticism from taxpayer advocates who say the auctions should be postponed because of a meltdown in energy prices. The Bureau of Land Management (BLM) is offering more than 210,000 acres (85,000 hectares) for leasing via online auctions in Wyoming, Nevada and

FTS International furloughs hydraulic fracturing crews, cuts executive pay- oil and gas 360

FTS International furloughs hydraulic fracturing crews, cuts executive pay

March 24, 2020

Houston Chronicle Fort Worth oilfield service company FTS International had a full calendar for its hydraulic fracturing crews two weeks ago but is now furloughing employees as crude oil prices continue to fall and exploration and production companies continue to slash their budgets.   In a Monday afternoon statement, the company confirmed that it is furloughing crews no longer scheduled

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