oil & gas assets
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ES - Repsol prioritizing value over volume in the Marcellus - January 7, 2020



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Given its bearish view on the natural gas outlook, Repsol says it is reducing its capex in Canada and the Marcellus. CEO Josu Jon Imaz San Miguel said in late October that the strategy in the Marcellus will prioritize “value over volume.” The company is maintaining flexibility in light of prices and has the option to dynamically shift capex. Currently, Eagle Ford liquids assets are seeing capex while the Marcellus is on the back......
 
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