oil & gas assets
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STS - SilverBow freezes D&C activity, ponders late-2020 shift to gas - April 16, 2020



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South Texas operator SilverBow Resources has suspended its drilling and completions activity until commodity prices recover. The company is deferring the completion and bringing online of eight oil wells until at least H2 and is considering a pivot toward gas development in late 2020 if prices support the move. The company has been pursuing a pivot-to-liquids strategy and had anticipated directing all 2020 D&C activity toward liquids areas, such as in McMullen and La......
 
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