Rigzone panelists offer their views on what to watch in the oil and gas markets this week. (The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.) Last week, Rigzone ran a Bloomberg article asserting that “ cheaper drilling costs may not be sufficient to help shale recover from a pandemic-induced slump .” A regular Rigzone market-watcher advises caution regarding such claims. Keep reading to find out why, along with other projections. Tom McNulty, Houston-based Principal and Energy Practice leader with Valuescope, Inc.: I continue to expect U.S. production to increase. Be wary of public commentary on break-even oil prices. I have several clients that can make anywhere from $7 to $15 per barrel at these prices. Upstream players who cannot are not running their operations properly. Mark Le Dain, vice president of […]