To get to this article which is behind a paywall, google ft in charts has us shale peaked. Fortunately, the article is still available. For myself, I have archived the article in case it disappears.
The first graphic in the article tracks rig count, which as readers know, is highly irrelevant when tracking productivity in unconventional oil plays.
This is the second graphic in the article:
The writer completely misinterpreted the graphic. Something tells me he/she was asking the wrong question, mislead by the sharp decline in "rig productivity" in the Eagle Ford. I may be wrong on this, but I'm starting to get the feeling that a lot of folks are not aware that shale operators "manage their assets" very, very well.
Now that we are aware of how severe the takeaway capacity in the Permian is, and the price differentials, the above graphic makes a lot more sense.