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UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
BHP Billiton to cut shale drilling budget and rigs
BHP Billitonis to cut shale drilling budget and rigs and will pare the number of rigs it is using in the US to 16 from 26 by June and would update the market on its revised shale drilling budget, originally set at $4bn for this financial year, next month. It plans to focus on drilling in the liquids-rich Black Hawk basin, while cutting back in the Permian and Hawkville acreage
Abstract details
Journal title: Daily Telegraph
Countries: UK -
Organisation: Total
Subjects: Banking, finance and investment, Offshore exploration