" Only, the Midland has modest capacity to grow, but this will be off set by declining Bakken, declining Eagleford, and flat to declining Delaware and a nearly empty SPR."
You are misreading Newtoboard. There are still A LOT of wells to be drilled in the Delaware. What New is saying is that the distinct multi-layer nature of the Delaware has ended up being a much more complicated picture than the gun barrel diagram companies put out. It is difficult to stop the upward growth of a frac in the Delaware, hence the deepest wells may already be draining reservoirs that were planned to have future wells in them.