Is the Lower 48 tight oil supply boom over?

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It is too early to write off Lower 48 tight oil supply. In 2023, Lower 48 oil production growth exceeded expectations, adding 900,000 b/d despite inflationary pressures, private consolidation, and declining rig activity. But don't look for a repeat of 2023 growth levels in 2024

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    Is The Lower 48 Tight Oil Supply Boom Over.pdf

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