Shale producers say spending 'flexibility' key as oil prices drop

Shale producers say spending 'flexibility' key as oil prices drop - Reuters

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Shale producers say spending 'flexibility' key as oil prices drop - Reuters

Shale producers say spending 'flexibility' key as oil prices drop
Reuters
U.S. shale oil producers plan to keep drilling new wells despite this month's crude CLc1 price drop but expect to revisit spending should pricing remain below $45 a barrel for several months. "We will not drill into oblivion," Tim Dove, chief executive ...

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28.06.2017 (2893日前)

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saudi arabia, united states, al walker, clay m. gaspar, robert douglas lawler, timothy l. dove, vicki a. hollub, usa, shale, outlook, oil and gas (trbc), results forecasts / warnings, oil and gas drilling (trbc), performance / results / earnings, refined products

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Shale producers say spending 'flexibility' key as oil prices drop - Reuters

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