Australia’s Woodside revises 2015 output forecast

摘要

Sydney—Woodside Petroleum, Australia’s largest listed oil and gas company, has made a slight upward revision to its forecast production for 2015, at the same time flagging a $170 million cut in capital and exploration spending to $6 billion. Woodside now expects to produce between 91 million and 93 million barrels of oil equivalent for the full year, with the range’s midpoint up 1.5 million boe from its previous forecast, the company said Thursday. Woodside in October had said it expected output for 2015 to come in at between 88 million boe and 93 million boe.