iBankCoin
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
20,993 Blog Posts

Breakeven Cost Analysis for Oil in Texas

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

    Does the ark use marine diesel?

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  2. doughjadank

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

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  3. the_wolf

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

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  4. thegametheorist

    Definitely dyslexic

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