Lets discuss this as it refers to our oil production. Rate of attrition.

I can't really get a hold of any sound rate.  I don't know exactly how to work this into the numbers. With any well there seems to be a rate of attrition. With old wells this seems to be the more prevalent. At the same time new technologies are adding oil to the equation.

Any answers out there?

And what about improving our production from technology. What exactly can be done within reason from these low producing wells.

http://www.kansas.com/2012/02/24/2224606/2012...r-oil.html

http://www.smartplanet.com/blog/energy-futuri...supply/468

http://www.msnbc.msn.com/id/32208227/ns/techn...M0zA3d4Eos

http://www.nytimes.com/2007/03/05/business/05...l&_r=0

http://northslopeoil.wordpress.com/2011/03/01...ral-wells/