Daily Energy Report
Breakeven costs in the Permian, oil and gas markets following Russia turmoil, Russian oil exploration, Guyana and OPEC, renewables growth in 2022, and more
CHART OF THE DAY: Breakeven Costs in Core Areas in Delaware Basin
Summary:
The chart above is based on data published by JPMorgan earlier today. It shows that the breakeven cost in the core areas (and some non-core areas that are not shown in the chart) is below $50/b.