Type curves tell a story
American oil production is setting new records, with February’s output of 10.3 million barrels per day breaking a 47-year record.

With rig counts at about half of pre-downturn levels, current output has not come from simply brute force of the turning drill bit. Instead, the downturn forced companies to become more effective—generally meaning more efficient—and the current production is in large part due to an accumulation of those improving efficiencies.
Bakken leads the oil basins
Operations have significantly im...

Legal Notice