Conoco Chief: US Tight Oil Only in 'Second Inning'

摘要

US tight oil operators have steadily increased the productivity of their wells in recent years while also lowering costs. But ConocoPhillips Chief Executive Ryan Lance believes the industry still has a lot left to learn -- and, a lot more oil to produce. "We're in the second inning of a nine-inning game," Lance told reporters on the sidelines of the Opec seminar in Vienna.