10.08.2025

Drill Baby Drill

Dallas Fed Survey Reveals Slowdown in U.S. Oil Sector

For the second consecutive quarter, drilling and completion activity declined. Operators are scaling back exploration budgets, and the aggressive growth that defined shale’s early years has given way to more measured operations. That shift comes despite oil prices that, while still historically high, are no longer delivering the outsized returns that emboldened companies a decade ago. 

 

 

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