‘We Need Help’: Oil Patch Pessimism Deepens as KC Fed Survey Signals Contraction
Fourth quarter drilling and business activity was the lowest since 2020 and is expected to contract further in the next six months, according to the Kansas City Fed’s energy survey, released Jan. 9. (Shutterstock)
CEO Doug Lawler said Continental Resources is continuing its international shale foray with a second overseas investment—this time in the Vaca Muerta—following a March joint venture deal for shale exploration in Turkey.