- Tight Gas & Oil
- Gas Hydrates
Canadian well drilling forecasts for 2018 has put the pressure on for governments and regulators to lower regulatory compliance costs, help boost investor confidence and improve market access.
Although spend on short-cycle unconventionals dominate, the E&P is keeping an eye on promising exploration growth areas amid asset sales, debt reduction and volatile commodity prices.
Cash proceeds will be used to reduce company debt to $20 billion in 2017 and double existing share repurchase authorization to $6 billion.