US shale plays are more likely to benefit from a lasting reduction in the industry's cost base than most megaprojects - especially deepwater developments - when upstream investment picks up again, according to a new report by Energy Intelligence's Research & Advisory arm. The Industry Cost Outlook: Beyond the Downturn report examines market conditions across a range of key industrial components and subsectors that contribute to the industry's cost base to gauge how costs will respond when major oil and gas investment resumes.
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