Hart Energy Publishing

Herold: Capex soared in 2005; field costs grew

Domestic capital spending soared in 2005 for John S. Herold Inc.'s Top 50 U.S. producers, climbing 36% to $69.1 billion, yet the surge in E&P capex wasn't coupled with spiking reserve-replacement and finding and development ...

By Bertie Taylor
July 1, 2006
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