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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