Post Tagged with: "2018"

Saudi Arabia 2018 Budget Shifts Away From Oil Revenues

Saudi Arabia 2018 Budget Shifts Away From Oil Revenues

Saudi Arabia plans to spend $261 billion in 2018. The budget will set a record for Saudi Arabia, as it looks to reform the country’s economy and reduce reliance on oil revenues. Forbes reported that Saudi Arabia plans to cut …

Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

PDC Energy Earmarks $920 Million CapEx Budget for 2018

PDC Energy, Inc. (ticker: PDCE) announced today its 2018 capital investment budget and production forecast.

2018 budget highlights:

  • Year-over-year production growth of approximately 25 percent to an estimated 38 to 42 million barrels of oil equivalent (MMBoe)
  • Oil production to
December 12, 2017 - 5:56 pm Closing Bell Story‎, Energy News, Oil and Gas 360 Articles
Phillips 66 Announces CapEx Budget for 2018

Phillips 66 Announces CapEx Budget for 2018

Phillips 66 (ticker: PSX) recently announced its 2018 capital budget of $2.3 billion, which includes $1.4 billion of growth capital and $0.9 billion of sustaining capital.

In midstream, the company plans to invest $1.2 billion, including $1 billion of growth …