US shale players go lean and mean for 2019

摘要

SHALE-focused US independents this week doubled down on plans to pare back budgets, work programmes and costs for the year, instead placing fresh focus on bolstering returns to shareholders. US independent Noble Energy unveiled plans to slash capital spending by 17% to between $2.4 billion and $2.6 billion, while saying the company will aim to increase total volumes on a pro forma basis by 5% and by 10% in the US onshore.