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oilandgasinvestor said : TPH Pulls Back On Oil Price Forecast

oilandgasinvestor said : TPH Pulls Back On Oil Price Forecast picture-11570-310x165

as mentioned in Tudor, Pickering, Holt & Co.’s energy investment and merchant banking analysts significantly cut their WTI oil price outlook for 2018. cost inflation and limited OPEC capacity” maintain pressure on oil prices, according to a report released March 20. The more conservative forecast sets oil prices at $55 …

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CNBC said : Transocean rig sale to Borr Drilling

CNBC said : Transocean rig sale to Borr Drilling picture-11439-310x165

as mentioned in Shares of Switzerland-based Transocean fell Monday after international drilling contractor Borr Drilling announced it will acquire 15 of Transocean’s rigs in a deal valued at $1.35 billion. The estimated $1.35 billion price tag includes any remaining contract backlogs and yard installments, or any fees that would be …

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