Pioneer: US Output Growth Will Surprise Again

摘要

Has Opec become the best friend of US shale producers? It was, after all, Opec's Nov. 30 decision to cut output by 1.2 million barrels per day that steadied the Brent oil price around $55 per barrel, and appears to have given US shale players new room to breathe and grow. The playful yet serious question from Carlos Pascual, the former US State Department Coordinator for International Energy Affairs, at a Columbia University Energy summit last week drew a straight denial from Scott Sheffield, CEO of Permian Basin giant Pioneer Natural Resources.