$10 billion hole found in US shale projections

THE leading 33 US shale producers will need an extra US$6.6 billion (A$8.1 billion) to balance this year’s cash flows given a $55 WTI price, and without it the number of completed wells could be cut drastically, according to analysis from Rystad. 

 $10 billion hole found in US shale projections  $10 billion hole found in US shale projections  $10 billion hole found in US shale projections  $10 billion hole found in US shale projections  $10 billion hole found in US shale projections

Rystad finds US shale might need $33 billion more in 2018.