Cliff-Diving In The Shale Patch

“With such a rapid decline in fracking already visible, very little activity will be happening in the oil basins during the remainder of the second quarter of 2020. The natural base production decline, which we have seen as an absolute floor for production, therefore becomes an increasingly relevant production scenario,“ says Rystad Energy Head of Shale Research Artem Abramov.

 

 

 

 

https://wolfstreet.com/2020/04/22/u-s-shale-faces-largest-ever-drop-in-fracking-activity/