Why fracking activity hasn’t increased with the recovery in oil prices – Yahoo Finance
It was a long period of drought in the Permian. Shale drilling and completion activity has collapsed to levels not seen since before 2000 (as long as records are kept). It was the year that shale activity started to recover from zero to reach unprecedented highs in 2008. With occasional ebbs and flows, it had gradually subsided until the onset of the current calamity, when the flat -active forms…
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