It looks like the U.S. Shale Oil Industry is using one last trick to keep the LIGHTS ON a bit longer. Due to low oil prices and the lack of available investment funds, the shale oil industry is working through a large percentage of its DUCs – Drilled Uncompleted Wells. After reaching a record high in June 2020…
SHALE OIL ENERGY CLIFF: Drilling Well Count Collapse To Destroy Future Production
The U.S. Shale Oil Industry Bloodbath Spreads As Oil Price Meltdown Continues
TROUBLE AT THE BAKKEN: Oil Production Finally Peaking?
Energy, EROI, News, Silver Members