01-10-2015, 02:39 AM
RJ is guessing 68 in 2015 and 80+ in 2016.
These new US wells do require more maintenance. That is why shale oil has to cost 50$ and that is a US price. Transportation raises the minimum world price to around 60$. There are no slackers in these drilling projects. The roughnecks are working hard.
These new US wells do require more maintenance. That is why shale oil has to cost 50$ and that is a US price. Transportation raises the minimum world price to around 60$. There are no slackers in these drilling projects. The roughnecks are working hard.