I’ve got some Wolfcamp wells over by Forsan TX that have been producing longer than that.
and which is now a beehive of activity with new wells being drilled sometimes along side an existing well.
Indeed. And what is his explanation for the increase in production from the Permian Basin in West Texas, where we have been pumping oil since al least 1940?
Shale fields that were not economic to produce with last century’s technology.
Horizontal Steerable Drilling combined with Hydraulic Fracturing makes the shale plays economic to produce when combined with today’s oil prices.