Q2 a cautious period for upstream E&Ps, but little change seen for rest of 2019 CEOs still wary of oil price volatility Executives likely hold capex steady at midyear Firm financial, operational targets a top priority Houston — Second-quarter 2019 was a cautious quarter for US upstream operators, and little change is expected in the […]
Tag: S&P Global
Rob Thummel in S&P Global
Producers weigh DUC production at $50/b oil Highlights Market mixed if higher or lower price needed Platts: $50/b oil enough to bring production DUC decisions also hinge on takeaway ability Houston — The volume of drilled but unproduced wells continues to build across the US to record levels, but market sentiment is mixed on whether […]