You have accessed this news story:
Repsol sets sights on 50% Marcellus growth by 2020
Spanish major Repsol is mobilizing an additional rig in the Marcellus that will add 72-84 MMcfe/d by itself in 2019 and contribute to 20% YOY production growth. The two-rig program and capital investments of $400 million a year are expected to raise volumes 50% by the end of 2020 and make the unit cash flow positive. “The breakeven of this second rig project is in $2.40-$2.50/MMbtu,” CEO and executive director Josu Jon Imaz San......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.
PLS Web Client?Log in to proceed
|Sign up for PLS Reports
& Web Access!
Already subscribed to Reports?
Sign up for Web Access!