U.S. Frackers to Zero In on Richest Oil Fields After Coronavirus - News Summed Up

U.S. Frackers to Zero In on Richest Oil Fields After Coronavirus


As the American shale-drilling industry slowly recovers from a historic crash in oil prices, it is poised to grow in fewer places than before. Even before U.S. benchmark prices fell into negative territory in April, investment in once-booming oil fields in North Dakota and South Texas was waning while producers drilled through many of their sweetest spots.


Source: Wall Street Journal June 09, 2020 09:32 UTC



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