Thursday, January 30, 2025
Public shale drillers dominated over private oil operators- oil and gas 360

Public shale drillers dominated over private oil operators

World Oil (Bloomberg)— Publicly traded oil operators such as Occidental Petroleum Corp. and EOG Resources Inc. have taken the lead in expanding shale drilling, displacing private companies that dominated the space for more than a year.   Public drillers added 18 rigs during the final three months of 2022, while their private rivals idled 11, Arun Jayaram, an analyst at