Shale Technology: Moore’s law or Turgot’s? SailingStone capital partners, janvier 2018
In the last decade, we have witnessed seismic changes in the oil and gas industry, particularly regarding the economics of North American unconventional production. A significant portion of these advances have been attributed to technology, which many observers expect to be a continued source of deflation into the future. In this paper, we attempt to disaggregate structural improvements in well economics from cyclical ones in order to better understand whether we are in a period of accelerating productivity gains, à la Moore’s Law, or if we have reached the point of diminishing returns.
Vous etes francophone et vos textes sont rédigés en anglais donc désolé de ne plus vous lire