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for Permian
Shale CEOs Woo Investors as Market Outlook Brightens
Even though a large amount of shale production is hedged for this year, the industry is still vulnerable to cost inflation, access to capital markets and investment banks, and fluctuations in the oil price.
Oil Majors Look to Smaller, Shorter-Cycle Shale Drilling
Exxon and other oil majors are still giving the green light to a handful of complex and risky but potentially highly profitable projects offshore, while at the same time increasingly shifting more resources into safer, smaller-scale shale drilling.
Can Shale Undercut the OPEC-Fueled Price Rally?
U.S. independent shale companies are starting to step up their spending plans, eyeing a swift return to the shale patch as oil prices rise. Many have revised their capex upward, added rigs, and hedged production forward.
Permian Could Lead U.S. Shale Output Higher
The Permian has weathered the downturn in prices better than other shale plays, and prospects there are improving even more with prices firming after OPEC's decision to cut output.
No Significant Rebound Yet in Shale Production Despite Uptick in Rig Count
While some companies have been able to drill profitable wells with prices at current levels and the Permian remains attractive, the U.S. oil industry is not healthy with oil under $50.
Shale Oil Industry Announces Production Declines Across the Board
After defying gravity for over a year, every American shale producer and shale play is showing signs of decline.