Thursday, March 26, 2020

Home Unlabelled The industry has been hit extremely hard by the major oil price drop this year. Many wells that are producing at less than 50 bo/d are uneconomical at current prices. In the Permian, almost half of the 26 thousand horizontal wells is below this level. Investment Club

The industry has been hit extremely hard by the major oil price drop this year. Many wells that are producing at less than 50 bo/d are uneconomical at current prices. In the Permian, almost half of the 26 thousand horizontal wells is below this level. Investment Club

The industry has been hit extremely hard by the major oil price drop this year. Many wells that are producing at less than 50 bo/d are uneconomical at current prices. In the Permian, almost half of the 26 thousand horizontal wells is below this level. Investment Club

The industry has been hit extremely hard by the major oil price drop this year. Many wells that are producing at less than 50 bo/d are uneconomical at current prices. In the Permian, almost half of the 26 thousand horizontal wells is below this level.

Posted: 26 Mar 2020 07:50 AM PDT

The industry has been hit extremely hard by the major oil price drop this year. Many wells that are producing at less than 50 bo/d are uneconomical at current prices. In the Permian, almost half of the 26 thousand horizontal wells is below this level.

submitted by /u/Enno_Peters
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