Wow, a 65% year/year decline in oil wells coming on stream in August. In other words, only 35% of the oil activity compared to 2018. Gas (#LNG) has been fairing better lately, with 60% of the activity compared to 2018. Notwithstanding, the worst activity levels I’ve witnessed in 42 years! We track the #AER Initial Outstanding list, mostly for due diligence, checking that regulatory compliance requirements we have consulted on have indeed been satisfied. With the borderline economics these days, nobody wants to be assessed Board “administration” fees! Please advise if we can be of assistance with your #welltest compliance strategy.