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Oil and Gas Discussion BB
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Decline RatesThe Core labs narrative reinforces what T Boone Pickens says about decline rates of rigs being significant over 50% in one year in Bakken . GS on our board also made an excellent explantion of decline rates . In summary , I think we may have put ourselves in box and we may see $120 oil this time next year as they cannot rebuild as fast as what they tore down. So Saudi's will have won. |
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Msg # | Subject | Author | Recs | Date Posted |
33004 | Re: Decline Rates | Naamkat | 7 | 8/2/2015 2:10:22 PM |