A group of North American exploration and production (E&P) companies, which traditionally have mirrored the overall U.S. natural gas output trajectory directionally, is guiding toward an output decline this year, with the large caps forecasting the biggest drop, according to a review by Barclays Capital.
Masked
Articles from Masked
Graying Workforce Begins to Drag Energy Project Development
After completing 27 mergers and acquisitions in 15 years, Devon Energy Corp. always thought it had a surplus of people, but those coming in the door masked the exodus of early retirees and others. Now, with 10% of Devon’s workforce eligible for early retirement and nearly 60% eligible to leave within 10 years, the producer is joining its peers to step up recruiting and retention efforts.
February 18, 2008
Graying Energy Workforce Beginning to Impact Project Development
After completing 27 mergers and acquisitions in 15 years, Devon Energy Corp. always had a surplus of people, but the “new” people masked a problem that began to surface about two years ago, the company’s manager of project support said Wednesday. Ten percent of Devon’s workforce now is eligible for early retirement and nearly 60% will be eligible to leave within 10 years, and the producer now is stepping up its recruitment and retention program.
February 14, 2008
Gas Production Fails to Match Strong Earnings for ChevronTexaco, Anadarko
Record earnings for ChevronTexaco Corp. in the second quarter masked a 13% decline in U.S. natural gas production from the same period a year ago, continuing a trend reported by other leading producers in recent days. For Houston-based independent Anadarko Petroleum Corp., earnings also showed strong gains in the quarter, but its U.S. gas production struggled to maintain 2Q2003’s output.
August 2, 2004
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