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YGRN - Permian Basin - The Death Of Tight Oil Has Been Greatly Exaggerated
Bank of Montreal ZC SP ETN REDEEM 25/03/2039 USD 50 - Ser E YGRN
The future of tight oil output in the US will depend in large part on future development of Permian Basin resources in Texas and New Mexico.
I have developed nine scenarios for future Permian basin tight oil output based on three levels of technically recoverable resources and three different future oil price scenarios.
My scenarios have Brent in 2019$/b reaching $55/bo in 2023.