Title : Results In The Eagle Ford Core May Place A Ceiling On Oil Prices, But USO Could Still Head Higher -- Filloon
link : Results In The Eagle Ford Core May Place A Ceiling On Oil Prices, But USO Could Still Head Higher -- Filloon
Results In The Eagle Ford Core May Place A Ceiling On Oil Prices, But USO Could Still Head Higher -- Filloon
Link at SeekingAlpha.Summary:
- new well completions produce more oil, especially in the core, and continues to pressure the US Oil ETF (USO)
- production improvements offset increased costs
- better stimulation and increased proppant use per foot improve economics, and this data shows a significant improvement
- This was part of a presentation given at the Bakken Conference and Expo thebakkenconference.com
Thus Article Results In The Eagle Ford Core May Place A Ceiling On Oil Prices, But USO Could Still Head Higher -- Filloon
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