Someone had to do it, and it might as well have been one of the biggest names in US shale. Having whittled its 2015 capital budget down to $5 billion, 40% lower than last year, US producer EOG Resources last week made the tough call of forfeiting production growth this year, saying it would drill […]
Perhaps the most striking thing upstream companies revealed in their recent round of second quarter calls was the astounding production increases from US unconventional plays brought about by an array of tweaks to well drilling and completion techniques. One tactic they’re using to eke more hydrocarbons from the ground is optimized well spacing — configuring […]