Chesapeake Lowers 2015 Capital Budget

Chesapeake Energy has reduced its 2015 capital budget to $3.5 billion to $4.0 billion for 2015, which is a $500 million reduction from its previous guidance of $4.0 billion to $4.5 billion. “We entered 2015 with a strong liquidity position and we intend to manage it prudently,” Doug Lawler, CEO,…

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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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