Shale Getting Stingy? Reinvestment Rates in the US Hit Historic Lows in Q3 Shaping Record Free Cash Flow
Reinvestment rates among US shale oil producers hit an all-time low in the third quarter of 2021, resulting in a record free cash flow for the quarter, and are projected to fall even lower by year-end according to a Rystad Energy analysis. The analysis focused on a peer group of …