US Shale Operators Tout Efficiency Efforts

摘要

The current commodity price environment is pressuring US independent oil and gas companies to do more with less and accelerating efficiency in capital spending and new production (OD Aug.16’17). Talk of such frugal operations dominated the Enercom Oil Gas Conference in Denver this week. During an industry downcycle, a degree of belt-tightening becomes the norm, Cabot Oil Gas Chief Financial Officer Scott Schroeder told conference attendees.