Hart Energy Publishing

New Study Results: U.S. Producers Get Less For Their Spending

E&P operators' $218 billion in U.S. capital spending from 1998-2002 net them 3% fewer U.S. oil reserves-after production and revisions-and 13.4% more gas reserves, according to Connecticut-based research and consulting firm John S. Herold Inc. ...

By NISSA DARBONNE
December 30, 2003
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