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Parsley Energy Inc (PE.N)

PE.N on New York Stock Exchange

19.25USD
18 Jan 2019
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Too much oil? Texas boom outpaces supply, transport networks

MIDLAND, Texas The west Texas drillers that drove the shale revolution have overwhelmed the region's infrastructure with oil production -driving up costs, depressing regional oil prices and slowing the pace of growth.

ANALYSIS-Too much oil? Texas boom outpaces supply, transport networks

MIDLAND, Texas, Oct 2 The west Texas drillers that drove the shale revolution have overwhelmed the region's infrastructure with oil production -driving up costs, depressing regional oil prices and slowing the pace of growth.

WRAPUP 1-Lured by higher oil prices, U.S. shale producers boost capex

HOUSTON, Aug 8 U.S. shale producers that spent the last year promising to control capital spending and adhere to strict financial controls are finding the lure of higher oil prices irresistible.

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