US shale players eye deeper cuts as market dives

Pioneer Natural Resources slashes capex by 45% in latest round of shale producer cuts

Resizing: drillers in the Permian face yet more cuts — Resizing: drillers in the Permian face yet more cutsPhoto: REUTERS/SCANPIX

Julia Martinez

Houston

USA Permian Basin Pioneer Natural Resources Apache EOG Resources

Published 19 March 2020, 10:30Updated 19 March 2020, 10:30