The US shale sector could be on a path to recovery after a destructive boom-bust period, with plentiful opportunities still available, but a more disciplined approach is needed, executives from US upstream companies ConocoPhillips and Parsley Energy said Oct. 15. Speaking at the Energy Intelligence Forum, ConocoPhillips chief technical officer Greg Leveille struck a contrite note on behalf of the shale sector, saying it had out-run demand levels ahead of this year’s crisis, and had now to focus on low-cost, high quality prospects, coupled with technological improvement. Parsley CEO Matt Gallagher said the industry had gone through a period of learning and infrastructure expansion in the last decade, which meant outspending […]