Would it be unusual for a company to report production that’s 75% of what it has been for several years, even with the oil’s volatility lately? The company is 84 Energy and the 75% drop is what they reported for October 2025. Up until then, it has been fairly consistent with drops here and there, but nothing like this ever. I appreciate in advance any comments that might shed some light. Thanks.
Operators may shut in wells if there are fracking wells nearby. That protects the productivity (hopefully) of current wells. They may also choose to choke back wells due to mechanical problems or sometimes for prices or takeaway capacity. Without knowing what well(s) you are referring to, hard to narrow it down.