EOG slashes capex amid low prices

US independent EOG expects to spend between $2.4 billion and $2.6 billion in 2016, around half its budget from the previous year, as it continues to cut costs amid low oil prices.

EOG's Thomas: 'Premium' drilling can earn 'superior' returns in low price environment
EOG's Thomas: 'Premium' drilling can earn 'superior' returns in low price environment
Published 25 February 2016, 23:21Updated 18 October 2016, 05:01
Americas