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There are some early signs that the US shale industry is starting to show its age, with depletion rates on the rise. A study from Wood Mackenzie found that some wells in the Permian Wolfcamp were suffering from decline rates at or above 15 percent after five years, much higher than the 5 to 10 […]
Reuters/Reuters Staff US shale production is booming so much the Energy Information Administration is having to revise its projections every which way. Technological innovations are at the forefront of the boom. Some EIA projections assume no more innovations, so those projects are less relaible. It remains to be seen how sustainable long-term shale production is. […]
