SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics of Energy
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brumar89 who wrote (71362)8/6/2016 12:05:42 PM
From: Eric  Read Replies (1) of 86355
 
Actually production costs are falling in the US.

Not as cheap as they were in the 1950's adjusted for inflation.

And never will be with the poorer quality geologies that are left on terra firma.

Horizontal drilling and fracking is much more expensive per foot than conventional vertical drilling and completion.

Of course virtually all of the conventional production is pretty much done here in the lower 48..

Depleted except for expensive UDW.

Depletion is a relentless reality.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News