BHP slows shale spend

BHP Billiton is slashing its US onshore rig count in response to the drastic drop in oil prices and will focus its efforts on the best portions of its holdings in the Eagle Ford shale play.

Cutting back: BHP boss Andrew Mackenzie warns of shale slowdown
Cutting back: BHP boss Andrew Mackenzie warns of shale slowdown
Published 20 January 2015, 23:12Updated 21 January 2015, 03:21
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