Bloombergs estimates of the oil price necessary to recover drilling, completion and operating costs in various shale plays (click to enlarge): The winners: DeWitt County in the Eagle Ford Shale, $23/bbl, the Wolfcamp in Reeves County, $24/bbl, and the Bone Spring in Ward County, $25/bbl. Except for DeWitt County, all breakeven prices below $30/bbl are […]
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Bloomberg – 2015 Was the Hottest Year on Record
2015 Was the Hottest Year on Record By Tom Randall & Blacki Migliozzi, January 20, 2016: This is what global warming looks like. Record after record after record, broken. The animation below shows the Earths warming climate, recorded in monthly measurements from land and sea over 136 years. The bright red line on top shows […]