Shale Reinvestment Rates Hit Historic Lows

Reinvestment rates among U.S. shale oil producers hit an all-time low in the the third quarter of 2021, resulting in a record free cash flow for the quarter, and are projected to fall even lower by year-end according to a Rystad Energy analysis. The analysis focused on a peer group of 21 public U.S. shale oil producers, excluding majors, that…

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Rystad: Producers Could See Record-High Hydrocarbon Revenue

The U.S. shale industry is set to achieve a significant milestone in 2021: If WTI futures continue their strong run and average at $60 per barrel this year and natural gas and NGL prices remain steady, producers can expect a record-high hydrocarbon revenue of $195 billion before factoring in hedges, a Rystad Energy analysis shows. The previous record of $191…

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