In
recent years, the use of new shale drilling technologies such as
hydraulic fracturing has resulted in substantial production increases at
oil fields all across the U.S. And that increased supply helped cause
the recent dramatic decline in the price of oil. The drop isn’t good for
U.S. shale oil companies, forcing them to reduce capital expenditures,
delay projects and cut output. But shale oil producers should not suffer
across the board. In fact, some are expected to escape relatively
unscathed. In this video, Mark Lear, small and mid-cap exploration and
production analyst at Credit Suisse, explains who’s got the best rocks. -
See more at:
https://www.thefinancialist.com/u-s-shale-whos-got-the-best-rocks/#sthash.6Q86e68t.dpuf
In
recent years, the use of new shale drilling technologies such as
hydraulic fracturing has resulted in substantial production increases at
oil fields all across the U.S. And that increased supply helped cause
the recent dramatic decline in the price of oil. The drop isn’t good for
U.S. shale oil companies, forcing them to reduce capital expenditures,
delay projects and cut output. But shale oil producers should not suffer
across the board. In fact, some are expected to escape relatively
unscathed. In this video, Mark Lear, small and mid-cap exploration and
production analyst at Credit Suisse, explains who’s got the best rocks -
See more at:
https://www.thefinancialist.com/u-s-shale-whos-got-the-best-rocks/#sthash.6Q86e68t.dpuf
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