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
THE MIGHTY PERMIAN: Big Decline In Oil Production Coming
Energy, EROI, News, Silver Members
Shale Oil Keeps Growing on Trees
U.S. SHALE INDUSTRY: Burning Through DUC Inventories To Stay In Business
Economy, Energy, EROI, News, Silver Members, Videos
