FLAT US E&P CAPEX
PLATTS - US onshore E&P capital investments in 2019 are likely to be flat to slightly down from last year, with international activity outside North America picking up slowly over the next several months, Schlumberger's top executive said Friday.
Paal Kibsgaard, CEO of the world's largest oilfield service company, said during a fourth-quarter earnings call that US land activity should also start slowly but pick up gradually in the second half.
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