A handful of shale patches in Texas would be the world’s sixth-largest oil producer, if it were a country, are profitable with crude below $30 a barrel, according to an analysis by Bloomberg Intelligence.
In the Eagle Ford’s DeWitt County, which produced more than 100,000 barrels a day in November, the average well can be profitable with U.S. benchmark crude at $22.52 a barrel
In the Eagle Ford’s DeWitt County, which produced more than 100,000 barrels a day in November, the average well can be profitable with U.S. benchmark crude at $22.52 a barrel
No comments:
Post a Comment