IHS says most shales still profitable at $50 oil

[dan_s]

http://ihs.lookbookhq.com/ihs-is-here-f ... rce=Eloqua

I agree that the Tier One acreage in the shale plays is still profitable at $50/bbl only because drilling & completion costs have come way down. The use of so much more sand per well is why I still recommend EMES and HCLP.