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wells that faucet comparatively giant petroleum reserves that produce for 20 years, horizontal wells into tight oil reserves generate far less and are, on common, largely depleted inside three years.206 The EIA means that the typical depletion price for a tight oil properly is 50% over three years, however other sources suggest that the depletion charges, over the first 12 months, are between 65 and 90% for both tight oil and shale gasoline.Reference Sandrea 207 Either way, shale oil producers have to continually drill new holes.Reference Cunningham 208 The

 

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