Shell, Conoco cut back as others tout oil tech – Houston Chronicle (subscription)


New York Times
Shell, Conoco cut back as others tout oil tech
Houston Chronicle (subscription)
Another reason prices aren’t rising is that some companies plan to keep pumping out more oil. Occidental Petroleum Corp. executives said Thursday the march of oil field technology is making it cheaper to get crude to flow out of ancient Texas rock.
Oil Majors Resigned To Lower Oil Price EnvironmentOilPrice.com

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