Tag: CAPEX

More CAPEX cuts coming 2016 for NA oil and gas producers – study

More CAPEX cuts coming 2016 for NA oil and gas producers – study

Under IHS low-case scenario, to live within cash flow, spending would have to be reduced by 64% compared with 2015 A new study from IHS says that low oil prices are forcing North American exploration and production companies to make additional significant CAPEX cuts to keep spending more closely in line with cash flow. According to the IHS Energy Comparative […]

By February 15, 2016 0 Comments Read More →
Capex cuts are both risk, reality for American E&Ps – Fitch

Capex cuts are both risk, reality for American E&Ps – Fitch

Prolonged low prices, supply and demand dynamics remain key issues affecting American oil and gas producers, service firms NEW YORK – The 2016 sector outlooks for the US oil and gas and oilfield services sectors are negative, according to Fitch Ratings, pressured by global supply/demand challenges, the threat of persistently low oil prices, and sharp capex […]

By November 25, 2015 0 Comments Read More →