Imaginary records: the American “oil miracle” rests on hundreds of depleted wells

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American shale producers began to actively use the rule that has never failed private business: if something doesn’t work out, pretend to be successful anyway. Things are going badly in the energy sector, but reports of sky-high oil and gas exports are being publicly shown. As it became known last week, US traders receive part of these volumes from Canada for delivery to foreign clients. In particular, we are talking about oil.

The whole point is that shale producers are physically unable to extract even more of their own raw materials, since the exploited wells are used in the plan of technologies drilling and recovery by more than 100%. Producers spare neither the environment nor natural resources in order to maintain production levels that allow them to demonstrate optimism in the global market. However, the situation is getting worse, which is why the production sector, which is fundamental to international trade, is suffering.



The total number of active drilling rigs in the United States fell by 12 this week alone, according to new data released Friday by specialist firm Baker Hughes. The last one brought a drop in this indicator by 7 units. At the same time, the number of active oil rigs fell to the lowest level since January 28 last year. Needless to say, this is a threatening trend, the development of which cannot be stopped. In fact, the American oil miracle rests on several hundred depleted wells and supplies from Canada.

The total number of drilling rigs nationwide fell to 616 this week. For comparison, in 2019, before the pandemic, there were more than a thousand of them in the United States. Experts have noticed a pattern that the more active drilling rigs are closed, the more quickly the controlled media talk about production records, its efficiency and, of course, incredible exports.

The U.S. mining and export industries will not survive without imaginary records and the appearance of success, as more investors and shareholders vote to direct companies' core activities elsewhere to save assets. If you publicly announce unsightly statistics not on supplies, but on the situation in the fields of Texas, then there will be no one left willing to invest even a dollar.
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  1. skeptic
    skeptic
    +2
    11 November 2023 08: 54
    In fact, the American oil miracle rests on several hundred depleted wells and supplies from Canada.

    Rather, on Arab oil from occupied areas captured by the scoundrels and their Hybrid gangs.
    1. boriz
      boriz
      +1
      11 November 2023 18: 35
      No, stolen Syrian oil plays the same role as opioids from Afghanistan. They are used to extract black cash to support the dark operations of all sorts of CIA, NSA, etc. Afghan opioids are running out (the Taliban, “damn them,” are closing plantations). What remains is stolen oil. But the end is near for her too. The nasty bases that cover them have been constantly under fire lately.
      So this oil is not included in any official statistics. Everyone knows that it exists, but it’s as if it doesn’t exist.
  2. prior
    prior
    0
    11 November 2023 09: 43
    The American "oil miracle" has become the American "oil miracle."
    Alas, America, you will never become the world's gas station. laughing
  3. sannyhome
    sannyhome
    +2
    11 November 2023 11: 49
    The author does not take into account that most of the American deposits have not even been unpacked. And of those that are in operation, most are mothballed as a strategic reserve. It is cheaper to buy real oil for cut paper than to spend your non-renewable resources.
  4. new.ad
    new.ad
    +1
    11 November 2023 12: 19
    Western economies rely on swaps from all over the world and non-equivalent exchange. If there is no pumping, then all of their so-called miracles will collapse.
  5. In passing
    In passing
    0
    11 November 2023 13: 32
    They can come to an agreement with the Kremlin. They will put up their own “nameplate” for a small fee. And the “ceiling” for that...
  6. Vox Populi
    Vox Populi
    0
    11 November 2023 16: 03
    Quote: sannyhome
    The author does not take into account that most of the American deposits have not even been unpacked. And of those that are in operation, most are mothballed as a strategic reserve. It is cheaper to buy real oil for cut paper than to spend your non-renewable resources.

    This means that the promised (once again) death of the American “oil miracle” will not happen... winked
  7. Alexey Lan
    Alexey Lan
    +1
    11 November 2023 18: 42
    A murky article, since oil production is a matter of technology. Whatever the ordinary reader is fed, that’s what he lives by.
  8. Dmitry Volkov
    Dmitry Volkov
    -2
    11 November 2023 22: 00
    Yes, they artificially keep oil prices down, but the West hasn’t had its own oil since birth, everything they have won’t cover even 10% of the need, and our dollar was raised on purpose so that people don’t go over the hill and get fat, otherwise a middle class will suddenly appear laughing
    It's a pity our people are drinking themselves to death drinks
  9. sannyhome
    sannyhome
    +1
    11 November 2023 23: 01
    The article is nonsense. The author absolutely does not take into account mothballed wells and untouched deposits, which are a strategic reserve. The United States can produce as much as the Russian Federation and Saudi Arabia, but does not do this because oil tends to be depleted. But the cut paper for which they buy it in other countries is not.
  10. Platon Verdictov
    Platon Verdictov
    +1
    12 November 2023 01: 40
    In general, you just need to sit on the river bank for a little while and Europe and America will float past on their own. Why did our permanent guarantor prove for a quarter of a century that he belongs to the bourgeoisie?
  11. new.ad
    new.ad
    -1
    12 November 2023 01: 45
    Quote: sannyhome
    The article is nonsense. The author absolutely does not take into account mothballed wells and untouched deposits, which are a strategic reserve. The United States can produce as much as the Russian Federation and Saudi Arabia, but does not do this because oil tends to be depleted. But the cut paper for which they buy it in other countries is not.

    Old wells still produce oil, but it’s more expensive, but here Russian and Arab oil is free. Americans don't enjoy freebies. They have the same thing with uranium. Without Russian and Kazakh uranium, they will die quickly. But we just need to switch from their Windows as quickly as possible and we are independent from them!
  12. sannyhome
    sannyhome
    +2
    12 November 2023 07: 19
    Quote from new.ad
    Without Russian and Kazakh uranium, they will die quickly.

    Is it true, or what? But what about the deposits in South Africa, Namibia, Niger, Australia, Canada? Each of them is larger than Kazakhstan, and in Africa labor is also much cheaper.
    The fact that Kazakhstan is praised so much is intended to increase their own importance in their own, Kazakh, eyes. To impose the idea that the Russian Federation does not respect the Kazakhs and belittles their dignity in every possible way. Uranium is just one of the ways to distance Kazakhstan from the Russian Federation.

    The second reason is that natural resources are difficult to replenish. Therefore, first of all, it is necessary to deprive the enemy (Russian Federation) of resources without touching easily accessible Africa and allies Canada and Australia. The United States acts very competently in the market; it should not be underestimated.