aussie oil services, page-3

persistentone,

Your statement
"These shale wells tend to be short-lived and intense. At least this is so in the US. As a result, producers are constantly paying drillers to put up large numbers of wells."

from my understanding is incorrect in the impression that it conveys.

These wells do have a high initial decay rate(logarithmic) but then have a long slow decay rate and can be in commercial production for 20 to 30 years.
The reason for the high number of wells is to be able to fracture the host rock so that it is contiguous.You can only drill so far before you have to stop due to physical limitations.

ckk were one company that was hoping to gain significant advantage from drilling.
Tweets may be better placed to comment on their success.

regards

Potter