September 4, 2019 / 2:35 PM / 14 days ago

EOG Resources' well costs down 4% this year on efficiency gains

DENVER, Sept 4 (Reuters) - Shale independent EOG Resources has cut its well costs by 4% so far this year, Chief Operating Officer Billy Helms said on Wednesday at an energy conference.

The lower costs are the result of efficiency gains, not cuts to service pricing, he added. (Reporting by Liz Hampton Editing by Chizu Nomiyama)

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