Oxy plans no 2015 Bakken developmentWith a Permian and Middle East focus, Occidental Petroleum eliminates spending in ‘subpar’ assets including the Williston Basin Mike Ellerd Petroleum News Bakken
As with virtually every other operator in the Williston Basin — as well as North America and the rest of the world for that matter — Occidental Petroleum is cutting capital expenditures in 2015. The $5.8 billion 2015 capex is just two-thirds of Occidentals 2014 spend of $8.7 billion.
In addition — a....
[additional news subjects in this story]
Negotiating down service costs ‘Whistling in the graveyard’ A few fourth quarter metrics
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/19/2015)
Print this story |
Email it to an associate.
Petroleum News Bakken - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnewsbakken.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News Bakken)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 