Shale Oil Forecast -- Rystad Energy -- June 16, 2022

Most important twitter post on shale today? Link here.

• being re-posted as a stand-alone
• twitter comment: "Let's see if Permian production comes in > 5 million for March and April -- that will give a clue how optimistic this might be
• Rystad Energy's mea culpa? Reminds one individual of "Equinor's mea culpa."
• another: "I have no doubt the US capable of producing 13 million bopd, and will likely do so by the end of the year (2022). But 16 million bopd? That kind of forecasting is based on BS assumptions.
• EIA, pdf, Permian: https://www.eia.gov/petroleum/drilling/pdf/permian.pdf