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Has Permian productivity peaked? : Comments
By Nicholas Cunningham, published 5/6/2017Drilling costs are starting to rise and the enormous leaps in production that can be obtained by simply adding more rigs also appears to be running into some trouble.
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If US natgas reverts to 2006 prices by 2020 Trump will be seen to have made the wrong call. In the following price timeline note that the archaic million-British-Thermal-units is roughly equivalent to the gigajoule unit used by the rest of the world
https://www.eia.gov/dnav/ng/hist/rngwhhdd.htm