The next few years of oil and gas production growth in the U.S. will hinge on this, according to GlobalData. The next few years of oil and gas production growth in the U.S. will hinge on the discipline of operators with their capital budgets. That’s according to data and analytics company GlobalData, which made the statement in a comment sent to Rigzone on Thursday. In the comment, GlobalData highlighted that oil and gas operators have been focusing on production growth at all costs over the past ten years but switched their initiative to returning value to investors last year. GlobalData noted that the majority of operators have stated that they are planning to operate within free cash flow to fund their future capital expenditures. This strategy has been brought on by banks and lenders having stricter requirements when lending to the energy sector, GlobalData outlined. “If prices remain flat, […]