{"id":364448,"date":"2020-07-24T10:55:09","date_gmt":"2020-07-24T05:25:09","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=364448"},"modified":"2020-07-24T11:46:22","modified_gmt":"2020-07-24T06:16:22","slug":"bounceback-in-us-shale-oil-output-is-unlikely-to-last-the-summer","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bounceback-in-us-shale-oil-output-is-unlikely-to-last-the-summer\/","title":{"rendered":"Bounceback in US shale oil output is unlikely to last the summer"},"content":{"rendered":"<p>A reopening of some major economies locked down due to the coronavirus has lifted global oil prices and encouraged US shale producers to return at least a third of the two million barrels per day (bpd) curtailed since April. <\/p>\n<p>But that bump in output is unlikely to be sustained as shale wells lose up to half their initial output after the first year, and require constant drilling to maintain and increase production.<\/p>\n<p>With most new drilling halted and OPEC relaxing curbs that have underpinned the oil-price recovery, shale output will slide again in autumn, said, oil executives and analysts.<\/p>\n<p>Shale output falls off faster than at conventional oil wells, a factor that will lead to output declining by September.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A reopening of some major economies locked down due to the coronavirus has lifted global oil prices and encouraged US shale producers to return at least a third of the two million barrels per day (bpd) curtailed since April. But that bump in output is unlikely to be sustained as shale wells lose up to half their initial output after the first year, and require constant drilling to maintain and increase production. With most new drilling halted and OPEC relaxing curbs that have underpinned the oil-price recovery, shale output will slide again in autumn, said, oil executives and analysts. Shale [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-364448","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=364448"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/364448\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=364448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=364448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=364448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}