Rig Count Down, Shale Production Down
Rig count continues to fall
https://oilprice.com/Energy/Energy-General/US-Oil-Rigs-Continue-To-Fall.html
Permian production up but overall shale production down
https://oilprice.com/Latest-Energy-News/World-News/EIA-Revises-Permian-Oil-Outlook.html