The Traderszone Network

Published in TZ Latest News 28 January, 2015 by The TZ Newswire Staff

Why The U.S. Shale Boom May Come To Abrupt End

Submitted by Arthur Berman via OilPrice.com,

U.S tight oil production from shale plays will fall more quickly than most assume.

Why? High decline rates from shale reservoirs is given. The more interesting reasons are the compounding effects of pad drilling on rig count and poorer average well performance with time.

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