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Vol. 8, No. 31 Week of August 03, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Newfield hikes spending

Fast 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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