Tag: Shale Prices
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Continental CEO Predicts More Drilling Rig Cuts
From the Oil Patch Hotline Harold Hamm, CEO of Continental Resources, the largest Williston Basin producer, said OPEC and U.S. shale producers should cut crude oil production and shipments into an oversupplied market. U.S. shale producers “need to row our own boat… We need to make sure we don’t oversupply the market,” Hamm told a…