Friday, January 17, 2025
Ring Energy announces management team changes- oil and gas 360

Ring Energy announces management team changes

Oil and Gas 360 Publisher’s Note: Ring Energy will be a presenter at the upcoming EnerCom Denver – The Energy Investment Conference on August 18-21, 2024. Register to attend. THE WOODLANDS, Texas, June 24, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced management team changes, including the pending departure of two senior

Shale's efficiency boost is not guarantee of strong future growth- oil and gas 360

Shale’s efficiency boost is not guarantee of strong future growth

Oil Price HSBC’s recent forecast suggests U.S. shale oil production will keep rising for another four years before peaking, but the real story is more complex. Wood Mackenzie highlights a new era of efficiency gains in shale, yet these advancements come with significant costs that could hinder future growth. Despite last year’s impressive 1 million barrels per day increase, driven by unexpected efficiency improvements,