WoodMac: US Lower 48 producers record $150 billion in capex cuts during 2016-17


The US Lower 48 has accounted for $150 billion of the $370 billion in global capital expenditure reductions by upstream firms during 2016-17, according to analysis from WoodMackenzie.

…read more

Source: Oil Gas Journal


Leave a Reply

Your email address will not be published. Required fields are marked *

© Gates Oil & Gas, LTD 2013