Neptune Cuts Costs, Suffers from Upstream Woes Mar 11, 2021 11:20:am Summary The producer lost output last year but its gas-weighted portfolio is in line with OECD climate objectives. by: William Powell Privately held explorer Neptune cut its operating costs from $10.3/barrel of oil equivalent (boe) in 2019 to $9.5/boe in 2020, against a break-even crude oil price of $29.8/boe, it reported... Posted in: