The US supermajor, which on Tuesday cut its 2017 production forecast and aimed for $10 billion in asset sales over the next three years, will drill around six of these wells in its current focus areas. The other half will be spread around new areas of growth in its portfolio.
The focus areas include the onshore Duvernay play in Western Canada, the Midland and Delaware sub-basins of the Permian and Marcellus and Utica shale plays in the US, all of which will see unconventional wells drilled this year.
