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2018-12-24 11:55:00

U.S. OIL CAPEX DOWN

U.S. OIL CAPEX DOWN

PLATTSThree aggressive independent Permian Basin upstream operators released capital budgets for 2019 in the last few days that are lower than either prior expectations or actual 2018 spending by at least 12% to 15%, as corporate executives attributed reduced activity to the recent plunge in oil prices.

But large players Diamondback Energy and Parsley Energy and small cap Rosehill Resources, which have had high production growth rates in the West Texas/New Mexico basin in recent years, particularly…

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Tags: USA, OIL, INVESTMENT
Chronicle:
U.S. OIL CAPEX DOWN
2019, May, 24, 09:55:00
SOME PROBLEMS OF WORLD ENERGY. PART FOUR.
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2019, May, 24, 09:50:00
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2019, May, 23, 12:35:00
OIL PRICE: ABOVE $70 YET
Brent crude futures were at $70.36 per barrel, down 63 cents, or 0.9%, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down by 51 cents, or 0.8%, at $60.91 per barrel.
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2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
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2019, May, 23, 12:10:00
RUSSIA'S GAS FOR AUSTRIA: +44%
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U.S. OIL CAPEX DOWN
2019, May, 23, 12:05:00
VIETNAM, RUSSIA LNG
NOVATEK announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facility with annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project. The contract terms provide for the launch of the first train of the project in 2023.
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2019, May, 23, 12:02:00
21ST AFRICA ENERGY FORUM | 11-14TH JUNE | PORTUGAL
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