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BS - ConocoPhillips Highlights- December 18, 2018
ConocoPhillips is dedicating 51% of its $6.1 billion capex budget for 2018, or $3.1 billion, to the Lower 48, flat YOY. The focus will be on Conoco’s “Big 3” plays where production is expected to grow 19% to an annual average of 350,000 boe/d. The company will run 10-11 rigs in the Eagle Ford, Bakken and Delaware Basin, shifting capital among the three to maximize......
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