Production in Bakken formation expected to drop by 170 thousand boe per day in 2020

Production in Bakken Formation Expected to Drop by 170 Thousand boe Per Day in 2020

by Energies Media Staff

Following the expected cuts in capital expenditure (capex) for shale operators in the Bakken due to demand shock from the coronavirus (COVID-19) and supply shock from the Russia-Saudi price war; Adrian Lara, Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view: “Whenever available, companies…

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