GLOBAL INVESTMENT UP, DEBT DOWN
EIA - Financial Review of the Global Oil and Natural Gas Industry: 2017
- Brent crude oil daily average prices were $54.75 per barrel in 2017—21% higher than 2016 levels
- Excluding proved reserve acquisitions, upstream costs incurred increased from 2016 levels but remained lower than 2008–15 levels
- Proved reserves additions in 2017 approached the highest levels in the 2008–17…
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