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Fuel Fix » New data show ‘meteoric’ rise of Texas oil

http://fuelfix.com/blog/2013/12/03/new-data-shows-meteoric-rise-of-texas-oil/

by tocomment • 13 years ago

2 3 13 years ago

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drpgq2• 13 years ago

I wish Oildrum.com was still around. They would probably point out that these gains aren't that sustainable as the wells have relatively large drop off rates.

tocomment• 13 years ago

Where did the increase come from? Is it fraking or technology related?

drpgq2• 13 years ago

Increased use of fracking technology. These wells do tend to produce a lot initially and then rapidly drop off compared to conventional wells so where Texas will be in five years is an interesting question.

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