Conoco further cuts 2015 capexDespite low crude oil prices, production is expected to grow 2-3% in 2015, but Bakken and Eagle Ford growth will slow into 2016 Maxine Herr For Petroleum News Bakken
After achieving a 4 percent growth from 2013 through 2014, ConocoPhillips expects to deliver 2 to 3 percent growth in 2015 with revised capital expenditures despite a weak global crude oil market.
The company announced on Jan. 29 that it would eliminate $2 billion of previously announced funding to....
[additional news subjects in this story]
Slowing the pace Expecting some cost reductions
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.
|