June 4, 2019 – Forbes
Threats To Shale's Strength Lurk Under the Surface
By Dan Eberhart
Oil production from the US shale sector continues to accelerate at a record pace, but a host of threats lurking beneath the surface could put the brakes on the industry’s growth this year.
Despite investor demand for capital discipline and higher returns, the shale sector’s financial performance has been spotty – a problem made worse by falling prices. A barrel of US benchmark West Texas Intermediate (WTI) crude ended Wednesday at $51.24 a...