As described in our report «Carbon Supply Cost Curves: Evaluating Financial Risk to
Oil Capital Expenditures», such break - even price can be considered the maximum threshold up to which oil projects become high - risk and high - cost.
Not exact matches
The OPEC member that needs the «lowest» price of
oil to balance this year's
expenditure is Iran, at $ 52 a barrel, according to data by RBC
Capital Markets.
The Company's
capital investment in the development of
oil and natural gas properties and other
capital expenditures, before the change in accounts payable, was approximately $ 250 million in the quarter and includes several Wattenberg wells being turned - in - line approximately two weeks ahead of schedule.
«You're starting to see rig counts go down in the U.S.; you're seeing
capital expenditure budgets slashed in the oilsands and the shale
oil fields in the U.S..
Although the
oil and gas industry is a major target of Western sanctions, financial strains have been partially alleviated by reducing
capital expenditure and rouble devaluation, which cut operating costs by around 30 %.
Interested in 2017 production forecasts and plans for
capital expenditure for publicly listed Canadian
oil and gas companies?
The news on
oil is still mostly bearish — BP announced a $ 3 billion cut in
capital expenditures for 2015 on Tuesday — but analysts and strategists are again trying to call a bottom.
PDC utilizes an active hedging program for
oil and natural gas to reduce the effects of variable commodity prices and help insulate cash flow to help fund its
capital expenditure program.
The 104 - page OPEC report finds that there will be greater demand for the group's
oil in 2016, with customers consuming an average of 31.65 million barrels a day throughout the year because the market will be «supply - driven» as competitors, beset by low prices, continue to cut back severely on
capital expenditures ranging from exploration to new drilling.
For the world's largest
oil companies, referred to as big Big Oil, this calls for a 30 % cut to capital expenditures, just to get the free cash - flow generation back to an acceptable lev
oil companies, referred to as big Big
Oil, this calls for a 30 % cut to capital expenditures, just to get the free cash - flow generation back to an acceptable lev
Oil, this calls for a 30 % cut to
capital expenditures, just to get the free cash - flow generation back to an acceptable level.
Recent data on
oil rig activity and the
capital expenditure plans of
oil and gas firms suggest that investment in the sector has begun to increase this year.
Malaysia's state -
oil firm Petroliam Nasional Bhd., or Petronas, is planning to slash as much as 50 billion ringgit ($ 11.4 billion) in
capital and operating
expenditure over the next four years, Continue Reading
However, longer term, we believe that off - shore
capital expenditure trends will eventually improve as
oil demand continues to increase moderately, while production from existing fields continues to decline.
Capital expenditure as a percentage of GDP averaged 11 % for 2001 - 2008 (without
oil) while that for 2009 - 2015 has averaged 5.7 % (with
oil).
Solix continues its work to increase algae growth rate and
oil content, then reduce the
capital and energy
expenditures of production to keep costs below $ 80 per barrel.
If
oil continues to fall, some energy companies — especially the small - caps — could cut back on their
capital expenditures or even fold.
If XOM's cash flow generation doesn't improve, either from rising
oil prices and production, substantial reductions in
capital expenditures and costs, or additional asset sales, it will need to continue tapping debt or equity markets to fund the gap.
But when
oil prices are low, profits shrink, and
capital expenditures consume a large portion of the company's retained earnings, which places a strain on the ability to increase the dividend payout.
U.S.
oil and natural gas companies continue to lead in investing in the domestic economy, with five companies among the Progressive Policy Institute's top 25 in 2014 U.S.
capital expenditures.
Capital expenditure has dropped in recent years as a response to the lower
oil price.
This study completes the research series on
oil and coal started in 2014 and takes a look at three global gas markets — Europe, North America and LNG — in the context of the energy transition, examining where there may be unneeded capacity and
capital expenditure in a low demand scenario.
The first, is a major focus on mapping out the implications of the energy transition involved for key stakeholders, with a focus on coal,
oil and gas sectors, on
capital expenditure by companies and scenario planning around demand and supply.
This compares with world
oil and gas
capital expenditures that are projected to reach $ 1 trillion per year by 2016.
Figure ES - 1: Cumulative
capital expenditure in
oil and gas extraction, 2018 - 40, in IEA scenarios compared to Paris goals
Following the
oil report, this risk analysis focuses for the first time on the global coal industry, highlighting that $ 112bn of future
capital expenditure (capex) in potential thermal coal production (excluding China) is at risk of becoming stranded.
Fossil fuel companies risk wasting almost $ 1.6 tn on
oil, gas and coal projects that will become uneconomic if the world steps up efforts to tackle climate change, according to an analysis of projected
capital expenditure in the energy sector.
After a few years of decreasing annual
capital expenditure (CAPEX) during the
oil price crash of 2014 - 15, most major
oil and gas companies now forecast annual increases in CAPEX.
Most of my clients who are global
oil and gas companies slashed
capital expenditures by about 40 % between 2014 and 2016.
Prepared
Oil, Gas, and PPE roll forward reports, and provided senior management with
Capital Expenditure Reports by well and region.