Tag: cost curve

Oil industry drives down global cost curve; Permian Basin is biggest winner

Oil industry drives down global cost curve; Permian Basin is biggest winner

Big winners are operators in key tight oil growth plays such as Permian Basin, Mid-Continent HOUSTON –┬áThe collapse in oil prices in 2014 left many planned oil investments with high costs and not commercially viable. Two years on, and the industry has started to adapt to lower oil prices, cutting costs, and getting more projects […]