5-16-18 The Life of Shale Plays

Shale Plays Today Our Mid Atlantic energy guru today writes about the success and decline of the shale phenomenon.  We are always grateful for his perspective.  -dh In January, we ran the note below about the Bakken. Four months later, production has dropped in three out of four months despite higher prices, the number of rigs is stagnant, the number of uncompleted wells has moved up only slightly, and the number of inactive wells is up over 10%.  During the last year, the prime locations have been targeted for drilling, [...]