Dateline City:
HOUSTON
Just 15 percent of total 2016 production and 4 percent of 2017 production hedged, as hedging volumes and prices fall significantly from 2015 levels
HOUSTON (Jan. 29, 2015) – As oil prices continue to decline, North American exploration and production (E&Ps) companies have hedged just 15 percent of their total production volumes for 2016, including 14 percent of oil and 18 percent of natural gas, leaving the companies largely exposed to current depressed market prices, according to new analysis from IHS (NYSE: IHS), the leading global source of critical information and insight.
Language:
English
