EY recently released its annual U.S. Oil and Gas Reserves Study, which includes year-end 2014 numbers as well as a look back at where the industry has come in the past several years. Here are 10 telling charts and tables included in the report.
The percentage of production that is devoted to oil has consistently risen in recent years.
Not surprisingly, spending has also been on the rise in recent years, although next year’s report will indicate the massive drop-off in 2015 capex resulting from the collapse of crude prices.
In hindsight, much of the spending in the oil & gas industry in 2014 is…
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