April 18, 2018 – The Wall Street Journal
Is the U.S. Shale Boom Choking on Growth?
Permian basin, America’s fastest-growing oil field, is hitting its limits
By Alison Sider and Bradley Olson
The oil field at the heart of the U.S. shale boom is hitting the limits of its growth faster than anticipated, a surprise with big ramifications for energy profits and global markets.
The Permian basin of West Texas and New Mexico has been one of the few growth engines for oil production world-wide. The region’s output is on track to single-...