More Curtailed US Oil Production Coming Back Online

Houston-based Noble Energy plans to bring back by the end of July most of the oil production it had curtailed in the second quarter in response to the plunge in oil demand and oil prices, becoming the latest U.S. producer to restart production it had shut in. In an update on Q2 to the market, the company said on Thursday that it expected to bring back the majority of curtailed volumes by the end of July 2020, thanks to higher oil prices and significant improvements to operating costs. In the second quarter, Noble Energy’s curtailments…