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Re: Downgrades today from Seaport Global based on their $40 oil price deck for 2018To the dismay of most investors time horizons, the cure for low oil prices is low oil prices...and less drilling. Confirms the predominance of the Permian: https://www.eia.gov/petroleum/drilling/#tabs-summary-3 EIA recently added an additional link to a DUC spreadsheet at the link above: DUC data (aggregated by region). May be helpful in identifying a pattern shift. |
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