Many have no idea average new well in 3 largest US oil plays ( | Jared Tate

Many have no idea average new well in 3 largest US oil plays (Permian, Williston & Eagle Ford) loses 50% of it's production in year 1, & 15-25% per year after. By 5 years well is all but dry. Going 4 years w/ no new drilling is an economic disaster. Data from 2020: