U.S. E&Ps poised to lead record global capex spend in 2014

摘要

Accelerating out of a flat year, North American E&Ps are positioned to lead a 6% growth surge in global E&P spending to a record $800 billion for 2014, according to predictions by analysts at Bernstein Research. The November report forecasts 9% annual investment growth by North American oil and gas companies-almost double the predicted growth rate of other international E&Ps-and largely by U.S. independents.