Vikas Dwivedi

Our read on this event is that it is merely an extension of the Russian position that they would consider working with OPEC to coordinate production cuts – rather than an indication that such proposals are actually close to becoming a reality.

Last year we ended at 9.1 million bpd. This year would have ended at around 10.2 (million) if not for this big price collapse, so we're still going to get half a million (bpd) of growth just because of the momentum we exited 2014 with.

It's all subject to what happens to the balance of 2015. If you freezeframe prices, we should see almost little to no growth (in 2016).

You're upping your capital in your best plays, reducing it in you... by Vikas Dwivedi

You're upping your capital in your best plays, reducing it in your worst plays.

What really matters now is not the number of rigs or wells, but the number of lateral feet drilled and productivity per foot.