Permian Basin Break-Even Price is $61: The Best of a Bad Lot |
June 20, 2016 | June 2016 Bond Updates |
The break-even price for Permian basin tight oil plays is about $61 per barrel (Table 1). That puts Permian plays among the lowest cost significant supply sources in the world. Although that is good news for U.S. tight oil plays, there is a dark side to the story. |
View more at: http://www.forbes.com/sites/arthurberman/2016/06/19/permian-basin-break-even-price-is-61-the-best-of-a-bad-lot/ |
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