eli5 Why do North American oil wells have shorter lifecycles than wells in the middle east?

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eli5 Why do North American oil wells have shorter lifecycles than wells in the middle east?

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Anonymous 0 Comments

I guess I should clarify. I read somewhere that North American oil wells have a massive loss of production after about a year, something like 80% on average. Meanwhile typical wells in the Middle East retain significant output even decades into use.

Is there a geological reason? Do American companies just suck it dry super quick where Saudi wells are on top oceans of oil?

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