Rystad: Shale wells are getting more profitable every year

Rystad Energy’s latest analysis shows that wellhead breakeven price has decreased considerably across all main shale plays in North America over the last three years. While depressed oil prices have hit shale production in the US, shale wells have become more efficient every year. On average, the wellhead breakeven price has dropped by more than 40% between 2013 and 2015. Among the key plays, Permian Midland and Permian Delaware have exhibited the largest decline in breakeven prices.

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