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History Tells Proration Would Cause Chaos In The Texas Oil Patch

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Apr 13 '20 | By CEO | Views: 37 | Comments: 0

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While the RRC undoubtedly has the authority to regulate production, it does not have the resources. Proration requires up-to-date production data, a large number of employees with technical knowledge, a large budget, and the will to enforce the policy aggressively. .

Source: https://www.forbes.com/sites/anasalhajji/2020/04/13/history-tells-proration-would-cause-chaos-in-the-texas-oil-patch/

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