Stephen + 67 SM December 26, 2017 (edited) CEO Bob Dudley no longer sees U.S. shale being the swing producer he thought it would be. Could this be smokescreen for soaring, record shale production? Edited December 26, 2017 by Stephen Quote Share this post Link to post Share on other sites
Meanwhile + 49 PT December 26, 2017 well, the company has been known for its contrarian views on the future of oil. Quote Share this post Link to post Share on other sites
Joanna + 68 JT December 26, 2017 SeekingAlpha said that the change appears to come from analysts at Wood Mackenzie which have asserted the production pace of U.S. shale will be difficult to maintain in the 2020s because of the focus of producers on the “easiest” assets they hold. That was a reference to targeting premium wells held in their inventory. Quote Share this post Link to post Share on other sites