Shale wells are getting more profitable every year

March 8, 2016

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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Article Contacts

Bielenis Villanueva Triana, Senior Analyst
Phone: 47 24 00 42 00
Bielenis.Villanueva.Triana@rystadenergy.com

 

Julia Weiss, VP Marketing
Phone: +47 48 29 87 61
julia.weiss@rystadenergy.com

 

About Rystad Energy

Rystad Energy is an independent oil and gas consulting services and business intelligence data firm offering global databases, strategy consulting and research products.

Rystad Energy’s headquarters are located in Oslo, Norway, with additional research teams in India. Further presence has been established in Norway (Stavanger), the UK (London), USA (New York & Houston), Russia (Moscow), Brazil (Rio de Janeiro), Africa as well as South East Asia.