ʶԳ

US E&Ps Trim Capex, Rigs While Waiting for Further Signals

Copyright © 2025 ʶԳ Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Money,Cash,Currencuy,US,Stocks,Increase,Positive,Coins,Budget,Capex,Trading,Finance
Number1411/Shutterstock

Several US oil and gas producers are reducing their capital spending for the year in response to the recent sharp fall in crude oil prices, but most seem to be taking the situation in stride for now, with few suggesting that the US shale sector is facing a crisis in the near term.

Topics:
Corporate Strategy, Earnings, Shale, Oil Supply, Rig Count
Wanda Ad #2 (article footer)
Taiwan’s state-owned CPC has completed operational tests and will soon begin importing LNG through the new Guantang import terminal, the country's third.
Fri, May 9, 2025
Cheniere CEO Jack Fusco acknowledged that confusion around Trump’s tariff plan had increased volatility, but his long-term view of LNG had not changed.
Fri, May 9, 2025
The trend could weigh on the Permian Basin's associated gas production growth and place the impetus on Haynesville Shale gas operators to respond to rising demand.
Fri, May 9, 2025