Advances in horizontal drilling have significantly increased US oil and gas production, but it is not clear whether the industry is viable if oil prices continue to be low. Researchers now estimate the break-even price for oil and gas from tight formations and analyse the factors that affect investment in drilling rigs.
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Ansari, D. Rigging economics. Nat Energy 4, 263–264 (2019). https://doi.org/10.1038/s41560-019-0352-z
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DOI: https://doi.org/10.1038/s41560-019-0352-z