Great article from NPR on why the world is still pumping so much oil even as demand plummets.
Thanks for sharing! I was also talking to an petroleum engineer from of mine and he said that when some of these shale wells are shut in, they never come back on-line with the same rate of production. Something about the pressure they need to produce oil dropping during the time they are shut in.
Thanks for this article that helped me understand the process of “Shutting In.” Just wondering if a well can be slowed in pumping without actually shutting in or shutting completely down?
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