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U.S. shale could face weeks of depressed oil production due to cold

5 Min Read HOUSTON (Reuters) - The U.S. deep freeze will wreak havoc on oil and gas production for several days if not weeks, according to industry experts, as companies deal with frozen equipment and a lack of power to run operations. FILE PHOTO: A pump jack operates in the Permian Basin oil and natural gas production area near Odessa, Texas, U.S., February 10, 2019. REUTERS/Nick Oxford/File Photo Texas produces more oil and natural gas than any other U.S. state, and its operators, unlike thos...
United States North Dakota Swati Verma Lynn Helms Jim Wright Bob Watson

Frozen Dials, Gas Shortage Triggered Blackouts: Energy Update

Freeze Could Keep Texans in the Dark for Days: Energy Update Bloomberg 2/17/2021 Joe Carroll and Naureen S. Malik (Bloomberg) -- The deep freeze that has forced the shutdown of U.S. refineries, oil wells and meat plants, disrupted shipments of soybeans and corn, and is still leaving more than 3 million customers without electricity could continue to keep parts of Texas in the dark for several days. Popular Searches Operators have been slow to get power generation back online a...
United States New Mexico United Kingdom Eagle Ford Tom Keene Dan Woodfin
Source: msn.com

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