Bakken Crude Break-Even Prices Fall a Few Dollars

摘要

Increased drilling efficiency and lower services costs continue to bring down break-even prices in the Bakken tight oil play, but with US oil prices falling again recently, producers may soon have their backs against the wall once more. According to the latest data from North Dakota's Department of Mineral Resources, several of the state's oil-producing counties still have break-even prices in the $60 to $75 per barrel range -- far above current levels. North Dakota defines the break-even price as the price necessary to generate a 10% return.