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The Productivity Decline In Shale Oil Basins Is Illusory

Por: Forbes Business November 28, 2022

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One of the major uncertainties about next year’s oil market centers on the trend in U.S. shale oil production. Because shale drilling is highly responsive to prices and wells decline sharply, production can be added quickly but also declines rapidly if drilling is not maintained. Thus, the trajectory is harder to predict than for, say, deepwater developments that take years to bring online. As is so often the case, there seems to be a split... + full article



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