EXXONMOBIL SHALE OIL PRODUCTION: Utilizing SuperFracks By Running Faster & Faster To Stay Alive
ExxonMobil is counting on using SuperFracks to increase its Permian shale oil production… or that’s the hope. This is a terrible sign because these SuperFracks may add more production on the front end, but the decline rate at the backside is much more severe. As ExxonMobil pumps in a record amount of fracking sand…