Shale investments have surged by $100 billion, Rystad says

April 27, 2017 / By Surprise Valley Resources

Ever since OPEC began cutting oil production, drilling in the United States has surged. Norwegian consultancy Rystad Energy estimates $100 billion in investment funds has flowed into the U.S. shale industry over the past year, propping up domestic drilling by 60 percent. So-called completion activity – procedures like hydraulic fracturing that stimulate shale wells – …
Source: FuelFix