100 years of natural gas supply in the US, they say. If the Appalachian Basin is starting to roll over, and well productivity is definitively on the decline; not to worry, America. Gassy oil wells are becoming oily gas wells in the Permian Basin where in April, 75 % of Texas tight oil production was also exported to foreign countries.
$115 WTI and $8.30 HH, by the way.
Giddy up!
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