If competitors didn’t have enough to worry about concerning U.S. shale, another technological breakthrough has the potential to slash another 10 percent off of production costs for shale companies, further enhancing their ability to boost supply and generate a profit under most oil price points.

Among the more than dozen companies using Biota Technology’s DNA testing are Statoil ASA and EP Energy Corp. To get an idea of the potential range of costs, shale wells are developed from $4 million to $8 million, depending on variety of elements involved.

Earlier in March, Bloomberg published an article where concern was aired over the lower costs of shale oil bringing more supply to the market, which would drive down the price of oil.

Once the old wells are worked through, the shale industry will emerge as among the lowest cost producers outside of a few state-owned companies in the Middle East.

Even if the price of oil finds support and royalties climb once again, it doesn’t take away from the benefit it gets on the cost side from DNA testing.

Russia actually has significant shale reserves, but its exposure to high-cost Artic oil and the ongoing restrictions on acquiring Western tech and equipment, which would boost its performance, makes it difficult for Russia to make cost improvements at this time.

As for DNA testing, it’s one more arrow in the quiver of shale producers who have another tool to use to cut costs even further.