Tag Archives: Shale
U.S. Oil Drillers Keep Pressure on OPEC With Record Shale Output
Oil output from major U.S. shale plays is poised to reach a fresh record next month, further complicating OPEC’s efforts to support prices. The gain is being led by the oil-rich Permian basin of Texas and New Mexico, where production has … Continue reading
U.S. Shale Is Immune To An Oil Price Crash In 2017
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 … Continue reading
The New Media Militia 