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Re: oilfieldmafia post# 6299

Sunday, 01/31/2016 5:55:27 PM

Sunday, January 31, 2016 5:55:27 PM

Post# of 13692
Thanks so much oil fiel- i just caught with your last reply.

so my question to anyone is. All these wells drilled in the past. What is thier production cycle. ? i read that fracking produces bigger output in the beggining of the cycle then tapers off. more than conventional wells. So All the well drilled 2 and 3 years ago should be tapering off at some point. And Total Us production should be waning by this logic.
This should be good for the price of oil. however what i read in production is it is still pretty high. - hence my confusion. I am thinking total us production will start to see a decline soon.

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