HOUSTON—The oil and gas industry is coming back to life across U.S. shale plays, though the speed of the rebound so far is causing concern for some analysts.“It is very aggressive—more aggressive than we’ve seen in prior cycles,” Robert Clarke, research director at Wood Mackenzie, said during the 2017 NAPE Summit business conference on Feb. 15.Driven by the recent stability of oil prices at $50 a barrel, Clarke said the best U.S. energy companies are looking at double digit growth for 2017. However, the effect of such accelerated development might lead to higher costs and less efficiency for producers.
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