The Shale Delusion: Why The Party’s Over For U.S. Tight Oil
For the next year or so, tight oil wells will not be commercial except in the best parts of the best plays. Tight oil companies will lose money. For the most part, the efficiency gains are behind us.
By Oilprice.com Art Berman—— Bio and Archives--September 17, 2015
Global Warming-Energy-Environment | Comments | Back To Full Article
The party is over for tight oil.
Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies.
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