Saturday, May 25, 2019

Permian DUCs -- May 25, 2019

It looks like others have also noted the impact of "inactive wells" and DUCs.

See this link for Bakken data. Data below is for the Permian. 

From twitter yesterday:


Actually, in this small graphic lots of interesting information. Most interesting, the "red queen" phenomenon -- or not!

This has to be extremely concerning for Saudi Arabia.

It is certainly yet another dagger in the coffin of "Peak Oil."

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