E&Y benchmark study: 2010 capex boosts reserves, production

摘要

Development spending in the U.S. by the 50 largest E&P companies, as measured by year-end 2010 reserves, rose 36% in 2010, and exploration spending rose as well. But, the substantial reserves and production increases that followed could not keep up with the pace of increasing costs, according to Marcela Donadio, Americas' oil and gas leader for Ernst & Young LLP's Energy Center.