[thackney]

What these guys fail to see is that this tight oil, albeit at relatively low oil volumes, has very, very low decline rates after the wells are mature.

But the majority of our current tight production, has not reached that level of maturity. We would lose a lot from the current total production without another decade or so more new wells in these formations.

Click chart for source:
Development of the Bakken Resource
The Bakken/Three Forks Shale Oil Innovation Conference & Expo
Grand Forks, ND–February 11, 2014
page 32

[bestintxas]

Only marginal drilling will cease

Base declined are leveling off for wells drilled in years past and the new wells will continue total production