5min chapter

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Why It's So Hard to Get the Oil Taps Turned Back On

Odd Lots

CHAPTER

Oil Price Is Going Up, What's the Hold Up for Restarting Wells?

Oil is currently above a hundred dollars a barrel. When that happens, what's the hold up for re starting those drills? Like walk us through exactly all the ge points m in actually ramping up that production well. Forsiv: We didn't see that this time around. The allure of going back and bringing on production will be irresistible,. But it's still not going to be the same level of drilling. And then there's all the field level constraints, which we haven't talked about yet.

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