Locator: 48603B.
WTI: $70.37.
Friday, October 18, 2024: 36 for the month; 36 for the quarter, 550 for the year
26027, conf, Grayson Mill, Moberg Federal 149-95-29-32-11H
26025, conf, Grayson Mill, Moberg Federal 149-95-29-32-4H,
22198, conf, Grayson Mill, Moberg Federal 149-95-29-32-3H,
40314, conf, Oasis, Truax State Federal 5398 43-9 3B,
40194, conf, Hess, EN-L Cvancara-LS-155-93-2826H-2,
39214, conf, BR, Parrish-Kermit 5B TFH-ULW,
RBN Energy: as the oil patch matures, it must adapt to a changing opportunity landscape.
Since the advent of the Shale Revolution, the U.S. has experienced a massive surge in oil, gas and NGL production — creating a bonanza of opportunities. But the attitudes of energy companies, owners and investors have shifted from “drill-baby-drill” to a focus on returning value to shareholders. It’s an evolution reminiscent of the economic concept known as the product life cycle. And that got us thinking. In today’s RBN blog, we’ll discuss the introduction, growth and maturity phases of the Shale Revolution, assess where we are today, and explore a couple of potential paths forward.
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