Just About Every Part Of The Permian Basin Is Unprofitable At $30 Per Barrel

by Tyler Durden
ZeroHedge.com
12/21/2015

While many still cling to the belief that U.S. shale and tight oil plays are commercial even at current low oil prices but data on the Permian basin and Bakken plays simply does not support this hope. In fact, less than 2 percent of Permian basin tight oil wells are commercial at $30 per barrel oil prices.

The Rest…HERE

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