North America is currently experiencing a renaissance in oil drilling and as a result exploration & production (E&P) spending is expected to rise in 2011, according to a Barclays Capital research note released yesterday. It forecasts a decline in dry gas drilling, offset by an increase in oil and liquids-rich activity.
In October, Talisman Energy announced a $1.325 billion joint venture with Statoil to acquire 97,000 net acres of liquids-rich properties in the Eagle Ford shale in South Texas. Mar
The week on Risk.net, July 14–20, 2017Receive this by email