Karr Ingham
Karr Ingham
created energy high knows level negative oil positive price prices scenario sustained unexpected
These are circumstances created by a sustained high oil price scenario -- the level of which was unexpected by everyone. At this point, everyone knows high energy prices are positive for the communities of Midland and Odessa while being a negative for everyone else in other communities.
activity brought large levels mainly
These levels of activity have brought new players, mainly large independents.
activity additional coming declines great indicative level progress slight tremendous volume zero
When you can level volume declines off to zero or a slight decline, you've made great progress. This is indicative of tremendous activity and additional wells coming on line.