Dateline City:
HOUSTON, Tex.
Compounding effects of high-graded drilling locations and reductions in drilling and completion costs driving significant improvements in E&P sector financial performance
HOUSTON, Tex. (June 2, 2015) – The compounding effect of high-graded drilling locations and the continuing reduction in drilling and completion costs are helping exploration and production (E&P) companies substantially mitigate the damage to their balance sheets brought on by the 2014 oil price decline, according to new analysis from IHS (NYSE: IHS), the leading global source of critical information and insight.
Language:
English
