OPEC, for some quiet moments..

[ArtM72]

Liquid Natural Gas Market To Crash With Oil? | Seeking Alpha

The decline in the number of rigs drilling for oil in the U.S. to the fewest since August 2011 is still not enough to halt production growth, according to Goldman Sachs Group Inc. Lower oil prices may be needed to balance the market because U.S. output could still expand by 600,000 bpd in the fourth quarter compared with a year earlier, Goldman analysts Damien Courvalin and Raquel Ohana said in a note Monday. The U.S. pumped 9.23 MMbopd in the week to Feb. 6, the most in weekly Energy Information Administration records dating back to January 1983.

U.S. oil-rig slump not enough to halt output growth, Goldman says

Even in the current price environment, the best producing parts of the South-Central Oklahoma Oil Province (SCOOP) are on par with the Eagle Ford and Bakken, according to Wood Mackenzie’s latest key play analysis. "The region will see drawbacks, rig counts are down in the near-term but production won’t fall off by much and we expect it to bounce back quickly in 2016," says Brandon Mikael, Analyst U.S. Lower 48 Upstream. " It's still one of the most exciting growth areas in the Lower 48 because of the stacked pay potential."

Am I wrong to suspect these writers are unwitting with respect to the rapid decline in fracked well production following the first year?  If not shouldn't they be adding '...but after the 4th quarter rise we can expect total production to fall in the following year(s) as next year's wells are not being drilled today'.