Hedging and Pipelines Support Shale Growth

BOSTON, MA, November 29, 2017 Hedging and Pipelines Support Shale Growth Higher oil prices have encouraged hedging 2018 shale output, supporting production even as procyclical costs are lifting breakeven prices, according to ESAI Energy’s North America Watch. With a weighted average floor price of $50 per barrel, roughly 1.5 million b/d of production has been…