I do not want to seem like a know it all, but, at moment the US is drilling more holes than it has since the 50's and is set to top WWII numbers within the year.
If you want I can link some articles, but, I have millions in oil/gas/services have fully read and made the decisions over a lot of thinking and research.
Check my posts and boards I know what I am talking about, if drilling wasn't on the rise I would not be in WFT or many others. It is exactly the drilling and production that has oil cheap in the first place it was one of Trumps big things to get done to become energy independent and we are near or just past being the $1 producer in the world at the moment.
Peace out.