North American Oil Industry Expecting Impressive Growth as 2018 Production Forecast Nears 11 Billion Barrels Per Day - Seite 3

Chesapeake Energy Corporation (NYSE: CHK) closed up on Monday at $4.28 trading over 33 million shares by the market close. Chesapeake is one of the largest oil and natural gas producers in Oklahoma, with field offices in Woodward, Waynoka, Weatherford, Kingfisher and Lindsay supporting more than 2,000 employees. Chesapeake Energy Corporation produces natural gas, oil and natural gas liquids (NGL) in the United States. It operates in two segments: Exploration and Production, and Marketing, Gathering and Compression. Exploration and production is engaged in finding and producing oil, natural gas and NGL. Marketing, gathering and compression is engaged in marketing, gathering and compression of oil, natural gas and NGL.

Transocean Ltd. (NYSE: RIG) closed up on Monday at $12.20 trading over 12 million shares by the market close. Transocean Ltd. announced in late December that the harsh environment semisubmersible Transocean Spitsbergen was awarded a 22-well contract with an estimated duration of 33 months; plus two one-well options in the Norwegian North Sea with Statoil Petroleum ASA. The estimated firm backlog associated with the contract is approximately $286 million, which excludes opportunities for performance incentives. The contract is expected to commence in the third quarter of 2019. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.

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