Shale Oil Architect Predicts Doom for Some Drillers Amid SlumpBy and
Explorers will be “decimated” amid a wave of restructurings
Low prices probably will linger for another 16 to 24 months
Mark Papa, the former EOG Resources Inc. chief executive officer who helped create the shale industry more than a decade ago, said drillers are “grievously wounded” as crashing crude prices exact their toll.
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