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Drilling & production - 31 March 2020


Shell updates 1Q20 outlook

Shell has said that post-tax impairment charges in the range of US$400-800 million are expected for 1Q20.


Devon Energy revises 2020 CAPEX downwards

The US$300 million of incremental capital reductions will be driven by the deferral of activity in the Eagle Ford, improved capital efficiencies in the Delaware Basin and lower service-cost pricing.