US shale oil will continue to lead world oil supply growth well into the next decade fueled by further productivity gains despite emerging concerns that the tight oil boom is running out of steam, a major oil event in London heard last week. The US light, tight oil sector has bounced back after the oil price downturn and is expected to grow by a record 1.3 million b/d this year to over 5.7 million b/d. But while costs and well productivity are still improving, the attention of late has turned to the productive life of US shale industry. Intensive fracking on the most productive "sweet spots" and signs of higher ... (full story)