Posts Tagged
oil drilling

Bloomberg Business: Deferred Oil Well Completions Keeping Supply Out of U.S. Market
©2015 Bloomberg News NMIDR86K50Y5 (Bloomberg) — Companies delaying the completion of wells that have been drilled are keeping 373,000 barrels a day of oil out of the market, energy intelligence firm Genscape Inc. said. Six companies announced plans to defer completing a total of 845 drilled wells this year, Genscape