Department of Applied Geology, Indian Institute of Technology (ISM) Dhanbad, Dhanbad 826004, India Computational and Experimental Geomechanics Laboratory, Department of Earth Sciences, Indian ...
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Producing oil from US shale formations is relatively expensive. Companies need prices to be somewhere between $60 and $80 a barrel if they want to cover all their costs and pay dividends ...
I just don’t believe that companies are going to do that,” said Wil VanLoh, chief executive of private equity group Quantum Energy Partners, one of the shale sector’s biggest investors.
Despite President Trump’s “drill, baby, drill” policies, it will be oil prices and Wall Street that will determine how much U.S. oil production will grow in the near term, shale investors ...