Not that relevant a comparison IMHO. FANG is a onshore shale producer in the US with wells that deplete very quickly (around 25% production decline per well per year) vs WOL's lower depletion rates (~5% per year).
Onshore shale can ramp up drilling, fracking and completions very rapidly, with production infrastructure usually in relatively close proximity, while offshore projects take a much longer time horizon.
Thus onshore US shale can respond to demand changes much more quickly.
WPL@$40, page-116
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