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AMERICAS OIL: ConocoPhillips CEO Says US Oil Output to Plateau This Decade: BBG

AMERICAS OIL

ConocoPhillips CEO Says US Oil Output to Plateau This Decade: BBG

  • Ryan Lance said at CERA week, “It’s going to be a slow decline beyond that because there’s a lot of resource” left to drill.
  • Oil output to hold flat for an undefined period of time after plateau.
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ConocoPhillips CEO Says US Oil Output to Plateau This Decade: BBG

  • Ryan Lance said at CERA week, “It’s going to be a slow decline beyond that because there’s a lot of resource” left to drill.
  • Oil output to hold flat for an undefined period of time after plateau.