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Oklahoma will let struggling oil producers halt output without breaking contracts

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Home Blogs > Business
Apr 22 '20 | By oiam2companyadmin | Views: 55 | Comments: 0

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Oklahoma's energy regulator on Wednesday ruled in favor of an oil company's emergency application to classify some oil production as economic waste, enabling producers to maintain leases where production is halted due to low prices.
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Source: https://www.reuters.com/article/us-oil-usa-oklahoma-cuts/oklahoma-will-let-struggling-oil-producers-halt-output-without-breaking-contracts-idUSKCN2242DR?feedType=RSS&feedName=businessNews

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