The total number of horizontal DUCs in the Permian, Eagle Ford, Bakken, Niobrara and Anadarko regions combined fell to 4,510 wells by the end of June
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Posted inOilfield Services List
Argentina’s Vaca Muerta tight oil deposit is now producing at record levels, matching US well scores
The reserve’s oil output has not only rebounded to pre-pandemic levels but also reached a record high of 124,000 bpd in December 2020
Posted inDRILLING & PRODUCTION
Opec report: upstream sector needs $11 trillion in investments between 2018 and 2040
Tight oil supply will make up 15% of global liquid output by the late 2020s