Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

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SOURCE: https://www.wsj.com/articles/shale-companies-adding-ever-more-wells-threaten-future-of-u-s-oil-boom-11551655588?mod=hp_lead_pos7

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Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.

As said here by Christopher M. Matthews

Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

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Christopher M. Matthews