Our well completion estimate for 2020. Y-o-y growth for US shale of only ~450k b/d and it's all from the Permian.pic.twitter.com/zZ1X8aJO3b
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Our well completion estimate for 2020. Y-o-y growth for US shale of only ~450k b/d and it's all from the Permian.pic.twitter.com/zZ1X8aJO3b
The caveat to these data points is that well completions have likely also bottomed here.pic.twitter.com/gnbdHTQDuR
That is the investment thesis (on oil). For gas, I just got the keys to my end of the world bunker ... lots of canned food is waiting. Ttyl.
Thanks for continuing the hard work of sifting through the data and uncovering the truth in the face of naysayers, cynics and generally negative ppl who add no value. The market may not care now, but one day it will.
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