While Permian production may continue to rise on the back of DUC well completions for quite some time, unless the rig count rises again, current production levels are unsustainable in the longer run.

As has been the case with nearly all the basins we have looked at so far, per well oil and gas production from newly completed wells has not shown a clear increasing trend since at least 2014

Uniquely among the basins we have examined so far, there is more obvious evidence of modestly increasing gas productivity per newly completed well

Oil and gas production in the Eagle Ford Basin is already in decline.

Oil and gas production in the Bakken is on an unsustainable trajectory, though it could continue to grow from some considerable time

Rising production of oil and gas seems to chiefly attributable to ‘burning’ through the inventory of DUC wells that was built when substantially more rigs were in the field

It looks the Anadarko region is headed for a structural decline in oil and gas production