The U.S. shale industry boom has been built on debt. Christopher Wheaton More Quotes by Christopher Wheaton More Quotes From Christopher Wheaton If you've got a lot of reserve-based lending and a lot of debt, and you're already quite drawn on that, you're going to be in a world of pain. Christopher Wheaton company-news The banks will make sure they have a big cushion because they are worried about a field actually delivering and the oil price risk. Christopher Wheaton company-news Where companies have strong market share within a basin, whether it's the Permian or the Bakken, they're going to get stronger because they'll be able to consolidate competitors. Christopher Wheaton company-news
