Jan. 9 at 2:17 AM
$SND Frac sand ,not data sands
Oil To make fracking profitable, the oil price needs to cover various costs, with recent data suggesting U.S. shale breakevens range from
$40 to
$70 per barrel, varying by basin (like the Permian's ~
$62-
$64) and operator efficiency, though some can operate near
$30-
$40 on existing wells with sunk costs, while new wells need higher prices, often in the
$50-
$65 range, for full profitability.
