Average breakeven fell 4% over the past year
With the price of oil in a pretty constant state of volatility as of late, the breakeven point for crude is an important number to keep in mind.

According to the Federal Reserve Bank of Dallas’s recent survey of executives, as of late May, the average breakeven price for the U.S. basins is hovering just around $50, but that number can be slightly misleading. Individual survey responses from operators within the Permian varied, with the lowest estimates coming in around $23 per barrel, and estimates on the higher end reaching around $70.

Source: Federal Reserve Bank of Dallas

Shale plays are typically more responsive to oil price movements, mainly due to their shorter lead times between ...

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