IHS: ‘Tight-oil test’ under way in US amid lower oil prices
OGJ Production NewsThe vast majority of potential US tight-oil production growth remains economical in the current crude oil price environment, according to a recent report by IHS. About 80% of potential gross US tight-oil capacity additions in 2015 would remain resilient at West Texas Intermediate prices dropped to $70/bbl, the report said.
Read more