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Permian operators turn to the edge of the play.
The Fort Worth, Texas-based independent reported June 24 average test rates of about 2,500 barrels of oil equivalents per day (boe/d) for its Horned Frog F #A1H and F #B1H in La Salle County, Texas.
Slower shale growth could allow OPEC and allies, which have been cutting production since January to avoid an oil glut, to avoid deepening their cuts when they meet this week.