Efficiency improvements are diluting the impacts of inflationary pressure seen in U.S. shale plays, executives say, as operators reap the benefits of simul-fracs, improved cycle times and longer lateral lengths.

How long the streak lasts remains to be seen.

The topic surfaced during second-quarter earnings calls this week with shale players such as EOG Resources Inc., ConocoPhillips Co., Diamondback Energy Inc. and Pioneer Natural Resources Co. fielding questions from analysts. Oil producers have been reporting higher quarterly profits and cash flows alongside continued efficiency gains as the world’s energy demand rises.

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