QATAR/REGIONAL

For the time being, the three largest producing regions of light, tight oil (LTO) in the United States – Eagle Ford, the Permian Basin and Bakken – are likely to be little affected by the declining oil prices. Though some Bakken producers appear to be mulling a cut to 2015 drilling (see p10), the core areas of these three basins have relatively low production costs, high yield and established infrastructure.

A MEES sounding of US experts suggests the breakeven...