Maksim Safaniuk/Shutterstock An exploration-hungry holdout among US E&Ps, EOG Resources wants its wells to deliver a "double premium" return rate of 60% at a $40 per barrel oil price.The Houston-based company will allocate most of its exploration budget for next year to its recently disclosed position in the Utica Shale.EOG is preparing to start drilling in shallow waters offshore Australia in 2023, aiming to replicate the success it has had in Trinidad. Save for later Print Download Share LinkedIn Twitter The Issue
