The U.S. Shale Oil Industry is in serious trouble as it is not drilling enough wells to keep future production from collapsing. With a near 50% annual decline rate, the shale industry must drill enough wells to offset declines and grow production. And, to make matters even worse, the shale industry is depleting…
Related Articles
BAKKEN OIL FIELD HITS ENERGY CLIFF: Situation Goes From Bad To Worse
Energy, EROI, News, Silver Members
The Shale Oil Bubble Accounted For 99% Of U.S. Oil Production Growth Since 2007
Economy, Energy, News, Silver Members