EOG Plans Less Drilling in TX Permian, More Drilling in OH Utica
EOG Resources CEO Lloyd "Billy" Helms spoke at the J.P. Morgan Energy, Power and Renewables Conference in New York City yesterday. Helms had some very interesting comments on his company's strategy moving forward--a strategy of keeping drilling activity in the Permian about even (not expanding), but increasing drilling activity in other plays, including the Ohio Utica.
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