Thread regarding ConocoPhillips layoffs

What are the overall results of the unconventional wells drilled in the Permian?

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Post ID: @OP+ID4DWWB

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Maybe they should farm out their position. Have that crossed any of their minds?

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Post ID: @3kjj+ID4DWWB

To paraphrase the immortal Ashley J. Williams, the Permian Unconventional wells produce two things...jack and sh*t...and jack left town.

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Post ID: @3rrr+ID4DWWB

They make 3 to 5 barrels of water for every barrel of oil produced. It doesn't take a rocket scientist to figure out that those wells s---. Of course they probably fail to mention the excessively high water production to the ELT, so they can continue making their uninformed decisions.

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Post ID: @1imp+ID4DWWB

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