@Kittinvestments @CRosebushes apologies for being condescending and production is not dropping as rigs drop because efficiency improvments get more out of each well as well as the DUCS being completed although very conflicting data on how many actually exist the Eia has there #s and some ceos in the industry dispute those #s as far to high but either way they have been using them and until they are thoroughly used up and production at these wells decline production numbers and rig counts are disconnected at some point the lack or rigs will show up inevitable since wells decline in production also if you read through many of my past post I point out lots about the oil market that describe the last yr but are just opinions fl out there
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