EOG Resources, Inc. announced a 31% reduction of its 2020 capital plan to $4.3- 4.7 billion on March 24 to help it “weather the storms of lower commodity prices.” The lower expenses will come with by a drop in drilling activity in all operating areas. The company said it will continue to concentrate on drilling in the Delaware Basin and Eagle Ford, where it has its highest rate-of-return oil assets and the majority of......
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