Oil Drilling Profitability
Sector: Hydrogen
Source: Washington Examiner
Oil and gas firms have indicated that oil prices need to be above $50 per barrel to drill new wells, with an average price of $65 per barrel needed for profitable new drilling, according to a survey by the Federal Reserve Bank of Dallas.
- Status
- Prospective
- Sector
- Hydrogen, Oil and Gas
- Updated
- 22 Jul 2026
- Source
- Washington Examiner
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Project Information
Participants
| Not available for this record. |
Status
Original status | Proposed |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Oil and gas firms have indicated that oil prices need to be above $50 per barrel to drill new wells, with an average price of $65 per barrel needed for profitable new drilling, according to a survey by the Federal Reserve Bank of Dallas. |
Original sector | Energy |
Location
| Not available for this record. |
Source
Source | Washington Examiner |
URL |
More Details
Record type | Project |
Sector | Hydrogen, Oil and Gas |
Article published date | 2025-04-07 |
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