Deloitte: Capex Cuts Add Risk to Global Reserve Base

摘要

The upstream oil and gas industry has cut capital spending so deep the past two years that producers may end up adding significant risk to their future reserve base as a result, advisory firm Deloitte warns in a new report. Numerous analysts and industry executives have sounded the alarm about what the massive spending cuts seen during this downturn could mean for global supplies of oil and gas at the turn of the decade (OD Apr.28'16).