maketotaldestr0i@lemm.eeM to

Collapse@lemmy.mlEnglish · 1 year ago

Shale Wells Are Losing Oil Output Faster Than Expected, Study Says - BNN Bloomberg

www.bnnbloomberg.ca

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Shale Wells Are Losing Oil Output Faster Than Expected, Study Says - BNN Bloomberg

www.bnnbloomberg.ca

maketotaldestr0i@lemm.eeM to

Collapse@lemmy.mlEnglish · 1 year ago

4

The steep drop in output from US shale wells is turning out to be worse than expected, forcing oil drillers to work even harder to keep production from slipping, research firm Enverus said in its latest report.

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1 year ago

“Summed up, the industry’s treadmill is speeding up and this will make production growth more difficult than it was in the past,”

And I am darn happy about that! Still shamelessly talking about growth, that’s just crazy.

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