3 ms·
Maybe. This is largely a "we don't know" situation. Everything you say is correct, but it's also correct that the "Sweet Spot" effect is real, that well spacin
by caeril 4y ago
Maybe. This is largely a "we don't know" situation.
Everything you say is correct, but it's also correct that the "Sweet Spot" effect is real, that well spacing parasitism hasn't been solved, and that the well decline rates haven't really changed with advancing technology.
We really don't know anything about reserve recoverability ten years from today. I do think it's certain the author is wrong that we won't beat 2019 production. It's inevitable that we do, but I'm not sure for how long.
Guess we'll find out.