Capex cuts continue to edge higher, with analysts estimates of 25-37%.
Overall, the upstream sector may cut as much as 20% of capex.
Only about a third of CFOs expect a rise in oil demand in 2015.
Recently, regulations bottlenecked 'a glut' of LNG projects in the U.S., while Canada seemed to have 'nearly limitless, if undefined, potential.'
Economic benefits yet to be shared globally, strategist says.
Expect an even greater reduction in U.S. import dependence, but not total elimination, Petrie says.
A&D activity causes the company to miss earning per share and production targets.
'There's just too much oil and its crashing up against lower demand,' said The Wall Street Journal energy reporter Russell Gold.
A survey of investors yielded insights on WTI, natural gas and basin economics.
Nearly half of respondents said candidates’ views on energy issues will influence their choices on Nov. 4 elections.
Energy executives must keep their eyes on enormous amounts of information to manage growth opportunities.
Shale drilling has boosted U.S. oil and gas production by 42% in the past seven years.