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U.S. reduced spending among select oil and gas companies due to Covid-19 2019-2020

Following the coronavirus (Covid-19) pandemic, U.S. oil and gas companies have cut back their spending due to uncertainty. Companies like Parsley, Goodrich Petroleum, and Continental have reduced capital expenditures in 2020 by over 50 percent in comparison to 2019.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

Reduced capital spending in select independent oil and gas companies due to coronavirus (Covid-19) in the United States between 2019 and 2020

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Sources

Release date

March 2020

Region

United States

Survey time period

2020

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