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Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,417 Blog Posts

Breakeven Cost Analysis for Oil in Texas

Dr. Fly Wed Feb 3, 2016 5:58pm EST 6 Comments

Bloomberg did some digging into what the breakeven points for extracting oil in Texas were and the Eagleford shale came out a winner. These fuckers aren’t interested in shutting in wells. Instead, they’re shifting to lower cost well sites and scheming up ways to produce with lower costs.

We will be swimming in oil for the foreseeable future.

Some Eagleford Shale plays include CHK, SN, JPEP, DVN, CRZO, MTDR, PXD, COG and SM.

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6 comments

  1. anjing bau
    anjing bau
    February 3, 2016 at 6:05 pm

    Does the ark use marine diesel?

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  2. doughjadank
    doughjadank
    February 3, 2016 at 9:10 pm

    So we should throw these numbers out? http://www.reuters.com/article/idUSL3N0SH5N220141023

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  3. the_wolf
    the_wolf
    February 3, 2016 at 11:34 pm

    i think she’s partially dyslexic, listen and watch carefully,

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  4. thegametheorist
    thegametheorist
    February 4, 2016 at 8:46 am

    Definitely dyslexic

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    • 0 Deem this to be "Fake News"

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