Frac News » Evidence Mounts For Another Shale Slowdown

More and more evidence is pointing at what is now looking like a serious slowdown in U.S. shale activity, as sub $50 WTI is taking its toll on over-leveraged drillers. – oilprice.com

But was this already expected?

North Dakota said its oil industry would likely slow down in upcoming months because the lack of pipeline capacity and the harsh winter cold

Texas oil production also had infrastructure constraints in the Permian Basin, but those could be resolved by the mid or end of 2019 with the completion of new crude oil pipe-lines and expanded capacity.

is it time to look for another job?

But was this already expected?

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