Shale Explorers Pump Oil on the Cheap From Slumbering U.S. Wells

  • Drawing down shale fracklog presents lower-cost option
  • Frack crews sent home in '15 may be recalled this year

Will Oil Oversupply End in the Next 6 to 12 Months?

U.S. shale explorers will be able to bring new supply to market this year even with most of the rig fleet idled and drilling budgets cut to the bone. Their secret: thousands of mothballed wells.

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