Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (38141)	2/24/1999 2:09:00 PM
From: Think4Yourself	Read Replies (1) of 95453

Slider, US stripper wells may have been shut in, but what about all the wells being drilled right now all over the world? How much production is typical for a NEW well, and how many have come on line in the past year? How many are going to come on line this year? Do you know the ratio between new production and terminated production? Is it growing, shrinking, or staying the same? I am not saying your conclusion is right or wrong. I cannot, because it was reached using a invalid argument. Ken

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