Oxy Teamwork Ups Permian Stockpile, Slashes Barnett Breakevens to $35/bbl
Occidental Petroleum’s Permian Basin assets, including secondary zones like the Barnett, now make up 70% of the company’s total resource of 16.5 Bboe. (Occidental Petroleum)
CEO Doug Lawler said Continental Resources is continuing its international shale foray with a second overseas investment—this time in the Vaca Muerta—following a March joint venture deal for shale exploration in Turkey.