I thought for once there was a glimmer of hope for you Owen. The barrel count is nearly inconsequential... it is the massive river of additional funds currently being transferred to Russia that counts.
Barrel count is very important.
That is what got Venezuela into a long term revenue trap.
They neglected production investment when prices were high, leading to falling production, which was papered over by high prices. Then prices collapsed. And revenue needs for “social spending” were squeezed. That led to even less investment, leading to lower production and lower earnings even when prices recovered a bit. The whole thing is in a death spiral.