Tag: explorers

Oklahoma STACK break-even costs under $30/b, closing in on vaunted Permian – IHS Markit

Oklahoma STACK break-even costs under $30/b, closing in on vaunted Permian – IHS Markit

Peak per-lateral foot productivity in the STACK closing in on Permian Despite the fact that the Oklahoma STACK oil and gas play is still evolving and its total potential is undetermined, evidence thus far indicates the play is delivering impressive results, leading operators to commit significant 2017 CAPEX to its development, according to new analysis […]

By August 18, 2017 0 Comments Read More →
Upstream industry will emerge from slump leaner, more efficient, more profitable – Wood Mackenzie

Upstream industry will emerge from slump leaner, more efficient, more profitable – Wood Mackenzie

E&P discoveries break down to about 25% oil and 75% gas, while current global production if 67% oil and 33% gas…”future is more gassy” The upstream exploration sector is still grappling with the oil price downturn, but new research from Wood Mackenzie indicates that the industry is poised to emerge from the slump leaner, more efficient and more profitable. “Our research […]

By September 20, 2016 0 Comments Read More →