A shale booster shot: 'Re-fracs' rise as cheap way to lift U.S. oil output | Hellenic Shipping News Worldwide

U.S. shale oil producers are returning to existing wells and giving them a second, high-pressure blast to lift output for a fraction of the cost of a finishing a new well. These “re-fracs” are taking hold as shale oil producers look to take advantage of $100 a barrel crude without making big investments in new ...

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