In this article we will take a closer look at some of the major shale basins in the United States (U.S.) specifically focusing on the issue of well productivity over time. This is an important issue since it has ramifications for equity valuations in the sector (NYSE:XOP) as well as the outlook for global oil supply dynamics.
It sometimes seems that the U.S. shale industry just cannot seem to shift the narrative and overcome the seemingly overwhelming negative sentiment overhanging the sector. But are investors extrapolating some of the very real negative risk