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Chesapeake Energy selling Louisiana shale property for $450 million
Chesapeake Energy Corp. continues with its financial restructuring, including the sale of significant holdings, Oil and Gas Investor reports: "Chesapeake Energy Corp. (NYSE: CHK) is delivering on its...
View ArticlePrice war helped U.S. shale break-even costs drop to $15 a barrel in some places
The break-even point in some U.S. shale regions is now $15 a barrel; overall production costs to tap shale are about half of what they were just two years ago, according to this Reuters news story:...
View ArticleOPEC production cuts likely to help U.S. shale industry
The just-announced OPEC production cuts play to the strength of the U.S. shale fracking industry, The American Interest says: "Don’t look now, but an American shale rebound is already underway....
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