Tag: EOG Resources

Sheila McNulty

As US independents invite foreign and major oil and gas companies to invest in their shale assets to fund development, EOG Resources is refusing to follow the trend.

The Houston-based independent is transitioning from producing mostly natural gas to the more expensive business of producing mostly oil, but Mark Papa, EOG’s chairman and chief executive (pictured), told the FT he is not seeking partners for its shale oil assets:

We want to emerge from this transition without diluting these crown jewels and retain 100 percent of our best assets.

Energy Source is no longer updated but it remains open as an archive.

Insight into the financial, economic and policy aspects of energy and the environment.

Read our farewell note

About the blog

Archive

« AugAugust 2014
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031