康菲石油再次削减营运成本和资本支出

据世界管道4月17日报道，康菲石油公司宣布将采取进一步行动应对石油市场低迷局势。具体举措是在3月18日宣布初步行动之后执行的。该公司董事长兼首席执行官瑞安·兰斯(Ryan Lance)表示“今年3月，我们通过削减2020年资本支出和股票回购计划，获得了22亿美元的流动资金。当时，我们声明，如果有必要，将继续监控市场，并采取进一步措施。今天，我们宣布进一步削减30亿美元的资本支出、运营成本和股票回购，并推迟生产。当前，由于需求影响和石油持续供过于求，油价在短期内将保持疲软，灵活的采取应对措施，能够保持我们的相对竞争优势，也有能力帮助我们抓住复苏的时机和路径恢复经营。”

康菲石油的具体举措包括将2020年营运成本和资本支出再减少16亿美元，达43亿美元。此前该公司曾宣布削减7亿美元，这意味着与2020年公布的指导方针相比，营运成本和资本支出减少了23亿美元，削减幅度约为35%。这些削减来自康菲石油的全球投资组合，主要集中阿拉斯加和加拿大等地区，在这些地区，康菲石油的投资组合拥有良好的灵活性。

运营成本减少约6亿美元，约为2020年初步指导方针的10%，至53亿美元。这些削减包括租赁经营费用、一般和行政费用以及外汇。该公司的股票回购计划已暂停。

综合来看，累计资本、运营成本和股份回购行动表明，与最初的运营计划指导相比，2020年现金支出减少了50多亿美元。该公司还宣布，在市场状况改善之前，将削减在加拿大和其他48个地区的产量。

由于加拿大西部石油价格较低，该公司目前正在削减苏蒙特的产量。到5月份，预计将减产约10万桶/天，日产量将减至3.5万桶。

王佳晶 摘译自 世界管道

原文如下：

ConocoPhillips is taking further actions to respond to the oil market downturn

ConocoPhillips has announced that it is taking further actions to respond to the oil market downturn. These follow initial actions announced on 18 March. “In March, we exercised US$2.2 billion of flexibility via reductions in both our planned 2020 capital spending and share repurchases,” said Ryan Lance, Chairman and Chief Executive Officer. “At that time, we stated we would continue to monitor the market and exercise additional flexibility, if warranted. Today we are announcing further capital, operating cost and share repurchase reductions of US$3 billion. We also announced our intention to defer production where we have a compelling economic reason to do so. These actions reflect our view that near-term oil prices will remain weak, largely due to demand impacts from COVID-19 and continued oil oversupply. We are well-positioned with flexibility to take actions that we believe maintain our relative competitive advantages, as well as our ability to resume programmes depending on the timing and path of a recovery.”

Today’s announced actions include:

An additional reduction in 2020 operating plan CAPEX of US$1.6 billion, bringing the current estimate to US$4.3 billion. Including the previously announced reduction of US$0.7 billion, this represents a total reduction in operating plan capital expenditures of $2.3 billion, or approximately 35%, compared to the 2020 announced guidance. These reductions are sourced from across Conoco’s global portfolio, primarily focused on Lower 48, Alaska and Canada areas where it has the highest levels of flexibility.

A reduction in operating costs of approximately US$0.6 billion, representing roughly 10% of the initial 2020 guidance. This brings the current estimate to US$5.3 billion. These reductions were sourced from lease operating expenses, general and administrative costs and foreign exchange impacts.

The company’s share repurchase programme has been suspended.

On a combined basis, the cumulative capital, operating cost and share repurchase actions represent a reduction in 2020 cash uses of over US$5 billion vs original operating plan guidance.

The company also announced it will elect to curtail production in Canada and the Lower 48 regions until market conditions improve.

At Surmont, the company is currently cutting back production due to low Western Canada Select prices. By May, the company expects to reduce production by approximately 100 000 bpd gross to 35 000 bpd gross.