The Surprising Location Of Next Year’s Shale Rush
By Tsvetana Paraskova for Oilprice.com
Higher oil prices and healthier corporate balance sheets are setting the stage for more expansion opportunities for companies beyond just a few select shale plays in 2018, according to Houston-based investment bank GulfStar Group.
Although the Permian will remain the main U.S. shale growth story next year and has a significant head start compared to other plays, the oil-rich rocks in the Rockies see drillers returning, bolstered by higher oil prices and realigned drilling portfolios.
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