Newfield hikes spendingFast tracks Gulf of Mexico development; boosts production forecast Petroleum News Houston staff
Exploration and production independent Newfield Exploration said it plans to boost 2003 capital spending to $475-to $480 million, up 5.5-to-6.6 percent from the company’s original $450 million budget.
“It’s an excellent time to invest because of (commodity) prices and costs,” David Trice, Newfield’....
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Fast tracking GOM development
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