US shale sector set to rein in spending

摘要

THE US shale sector is set for further growing pains this year as operators try to prove to investors that their business models are profitable, while at the same time having to manage declining output amid smaller efficiency gains. "The reality of the situation on the ground is that well results have generally hit a plateau and we've moved from breakthrough improvements to very incremental improvements," Roaul LeB-lanc, vice president of unconven-tionals at analysis company IHS Markit, said recently.