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Forest Oil, Schlumberger sign Texas shale deal

Home Forums Refining Community Energy Forest Oil, Schlumberger sign Texas shale deal

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    Anonymous

    Forest Oil and Schlumberger have agreed to jointly develop the Eagle Ford Shale acreage in Texas. Under the terms, Schlumberger will get a 50% stake in Forest’s assets in the play and pay $90 million for future drilling costs.
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    Maximizing Refining Value With Abundant Shale Oil by Mel Larson, KBC Advanced Technologies
    Being presented at the Coking & CatCracking Conference in Galveson, May 6-10.

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