In all oil producing regions of the United States, the average break-even price for profitable drilling of a new well now ranges from $ 46 to $ 58 per barrel, and the break-even price in the Permian Basin averages $ 50 per barrel.
The current price of the WTI oil grade of about $ 60 per barrel already allows the American shale producers to increase production. But most companies so far this year will prefer to pay off their increased debts at the expense of profits, rather than invest in new wells. Nevertheless, more and more analytical forecasts say that at current oil prices in 2022, oil production in the United States will grow from the current 11 million barrels per day to 12 million barrels.