Link here.
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This clearly says in plain English:
Bruce, it's the same story for IP3mo as for IP12mo.year IP3mo %of2021IP2021 51.4 100%2020 58.5 114%2019 54.3 106%2018 48.6 95%2017 46.1 90%2016 40.3 78%2015 33.2 65%2014 31.9 62%2013 29.3 57%2012 28.0 54%You can see that current wells are about twice as good as those from 2012. However, most of the increase happened by 2017.
https://themilliondollarway.blogspot.com/2021/12/average-production-per-us-oil-rig-has.html
Bruce, it's the same story for IP3mo as for IP12mo.
ReplyDeleteyear IP3mo %of2021IP
2021 51.4 100%
2020 58.5 114%
2019 54.3 106%
2018 48.6 95%
2017 46.1 90%
2016 40.3 78%
2015 33.2 65%
2014 31.9 62%
2013 29.3 57%
2012 28.0 54%
You can see that current wells are about twice as good as those from 2012. However, most of the increase happened by 2017.
https://themilliondollarway.blogspot.com/2021/12/average-production-per-us-oil-rig-has.html
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