Shale Oil Collapse

SHALE OIL ENERGY CLIFF: Drilling Well Count Collapse To Destroy Future Production

Posted by SRSrocco in Energy, Silver Members on July 22, 2021 — 11 comments

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…

The U.S. Shale Oil Industry Bloodbath Spreads As Oil Price Meltdown Continues

Posted by SRSrocco in Energy, News, Silver Members on December 20, 2018 — 20 comments

There is no better way to describe what is currently taking place in the U.S. Shale Oil Industry, than a bloodbath. Unfortunately, if the situation wasn’t bad enough for the shale oil industry when prices were 30-40% higher, today it’s a complete disaster. While some might think that a bit of…