U.S. shale survived the oil price crash with cost cuts and lower breakeven prices, and emerged more resilient from the slump. According to a Rystad Energy analysis, since 2013, the average wellhead breakeven price (BEP) for key shale plays has dropped from US$80/barrel to US$35/barrel. More…
U.S. Shale Is Immune To An Oil Price Crash In 2017
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