US Shale Debt Increases as Drillers Push to Maintain Gains

Recent analysis by Energy Aspects show 6 years of progressively worsening financial performance by 35 independent companies focused on shale gas and tight oil plays in the United States.

“This is despite showing production growth and shifting a large portion of their activity to oil since 2010, presumably to chase a higher-margin business,” he added. Oil and gas production by the companies represented 40 percent of output in unconventional plays in last year’s third quarter.


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