EOG Plans Big Drilling Increase

  EOG Resources will revise its hydraulic fracturing plans upward by 30 percent in 2016, despite the price of oil falling below the $40 per barrel mark. As reported by Oil and Gas Investor (OGI), the revised numbers from the Houston-based company indicate how strong shale companies, particularly those with heavy oil-reserve land, are surviving. Other firms have faltered en…

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