KingM wrote:I'm not a doomer, but it obviously can't grow exponentially forever.
KingM wrote:I'm not a doomer, but it obviously can't grow exponentially forever.
KingM wrote:What is the all time peak going to be? I'm guessing we're close, at most 1.5-2.0 mpb away. Optimistically.
copious.abundance wrote:It's telling that this thread, started Feb 8, has only 6 replies, while the "Fast Crash" thread over the same period of time has almost 30 replies.
copious.abundance wrote:It's telling that this thread, started Feb 8, has only 6 replies, while the "Fast Crash" thread over the same period of time has almost 30 replies.
copious.abundance wrote:It's telling that this thread, started Feb 8, has only 6 replies, while the "Fast Crash" thread over the same period of time has almost 30 replies.
copious.abundance wrote:It's telling that this thread, started Feb 8, has only 6 replies, while the "Fast Crash" thread over the same period of time has almost 30 replies.
Darian S wrote:Dont shale wells drop like 90% production within a few years.
If this is production after drop and can be sustained could be something. If this is not and 2-3 years from now there will be 90% less coming out from these wells not seeing things all that rosy.
US production surged in the months from September to November in an astonishing way (+800 kb/d), much greater than what we could expect, even if we take account of the shale increase.
marmico wrote:US production surged in the months from September to November in an astonishing way (+800 kb/d), much greater than what we could expect, even if we take account of the shale increase.
Production rose 553 kb/d based on the January 2018 EIA print.
https://www.eia.gov/petroleum/production/pdf/table1.pdf
I was talking about the increase of 3 months
tita wrote:
What is .... impressive is how operators managed to get much higher initial rate than older wells. We talked a lot about sweet spots being drilled first... But using longer laterals and different proppants, they were able to get higher rates with half of the drillings made in 2013. This is why we can't compare the rig count today with the 2013 or 14.
tita wrote:
I think it's quite clear that US production is not going to stall... Some (and also I) thought that EFS and Bakken were done... And it's not the case, they are also increasing, less than the Permian but anyway.
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