A 3D printed oil pump jack is seen in front of displayed stock graph in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration 

Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford 

Pump jacks operate at sunset in Midland, Texas, U.S., February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford 

Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. Picture taken February 13, 2019. REUTERS/Nick Oxford 

A steer grazes in an oil production field in Midland, Texas U.S. February 13, 2019. Picture taken February 13, 2019. REUTERS/Nick Oxford 

Cows graze in an oil production field in Midland, Texas U.S. February 13, 2019. Picture taken February 13, 2019.REUTERS/Nick Oxford 

Pump jacks operate at sunset in Midland, Texas U.S. February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford 

A pump jack operates at sunset in Midland, Texas U.S. February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford 

A pump jack operates at sunset in Midland, Texas U.S. February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford 

Pump jacks operate at sunset in Midland, Texas U.S. February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford 

Pump jacks operate at sunset in Midland, Texas U.S. February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford 

The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March 28, 2019. REUTERS/Christian Hartmann 

A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018. REUTERS/Liz Hampton 

A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018. REUTERS/Liz Hampton 

An non-operative oil pump jack is seen near Atapirire, Venezuela May 10, 2018. Picture taken May 10, 2018. To match Special Report CRYPTOCURRENCY-VENEZUELA/ REUTERS/William Urdaneta 

A pump jack operates at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford 

Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford 

Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford 

A pump jack operates in front of a drilling rig at sunset in an oil field in Midland, Texas U.S. August 22, 2018. Picture taken August 22, 2018. REUTERS/Nick Oxford 

Oil facilities are seen on Lake Maracaibo in Lagunillas, Venezuela May 24, 2018. Picture taken May 24, 2018. REUTERS/Isaac Urrutia 

An oil pumpjack is seen at Lake Maracaibo in Lagunillas, Venezuela May 24, 2018. Picture taken May 24, 2018. REUTERS/Isaac Urrutia 

Oil facilities are seen on Lake Maracaibo in Lagunillas, Venezuela May 24, 2018. Picture taken May 24, 2018. REUTERS/Isaac Urrutia 

Oil pumpjacks are seen near Aneth, Utah, U.S., October 29, 2017. REUTERS/Andrew Cullen SEARCH "CULLEN BEARS" FOR THIS STORY. SEARCH "WIDER IMAGE" FOR ALL STORIES. TPX IMAGES OF THE DAY. 

People walk past a nodding donkey pumping oil in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory Dukor 

A nodding donkey pumps oil in an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory Dukor 

A woman walks along a street past a nodding donkey pumping oil in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. REUTERS/Grigory Dukor 

People walk past a nodding donkey pumping oil in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory Dukor 

A car drives past a nodding donkey at an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory Dukor 

A nodding donkey pumps oil in an oil field in the settlement of Balaxani near Baku, Azerbaijan, October 5, 2017. Picture taken October 5, 2017. REUTERS/Grigory Dukor 

A rainbow is seen over a pumpjack during sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann 

A pump jack is seen at sunset near Midland, Texas, U.S., on May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder 

An oil pump is seen operating in the Permian Basin near Midland, Texas, U.S. on May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder 

FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol/File Photo 

A view shows an oil well pump jack, set as an installation in front of the Tengizchevroil LLP office in the city of Atyrau, western Kazakhstan, December 7, 2016. REUTERS/Maria Gordiyeva 

A car drives past an oil well pump jack, set as an installation in front of the Tengizchevroil LLP office in the city of Atyrau, western Kazakhstan, December 7, 2016. REUTERS/Maria Gordiyeva 

View of a pump jack at the engineering school of Venezuela Central University in Caracas, Venezuela August 10, 2016. Picture taken August 10, 2016. REUTERS/Marco Bello 

An oil pumpjack is seen in Velma, Oklahoma U.S. April 7, 2016. REUTERS/Luc Cohen 

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. Picture taken September 15, 2015. REUTERS/Nick Oxford 

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford 

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford 

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford 

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford 

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford 

A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma September 15, 2015. REUTERS/Nick Oxford 

An energy installation on a property leased to Devon Energy Production Company by the Catholic Archdiocese of Oklahoma City is seen near Guthrie, Oklahoma, September 15, 2015. Casting the fight against climate change as an urgent moral duty, Pope Francis in June urged the world to phase out highly-polluting fossil fuels. Yet in the heart of U.S. oil country several dioceses and other Catholic institutions are leasing out drilling rights to oil and gas companies to bolster their finances, Reuters has found. And in one archdiocese -- Oklahoma City -- Church officials have signed three new oil and gas leases since Francis's missive on the environment, leasing documents show. Picture taken September 15, 2015. To match Exclusive POPE-USA/DRILLING REUTERS/Nick Oxford 

An energy installation on a property leased to Devon Energy Production Company by the Catholic Archdiocese of Oklahoma City is seen near Guthrie, Oklahoma September 15, 2015. Casting the fight against climate change as an urgent moral duty, Pope Francis in June urged the world to phase out highly-polluting fossil fuels. Yet in the heart of U.S. oil country several dioceses and other Catholic institutions are leasing out drilling rights to oil and gas companies to bolster their finances, Reuters has found. And in one archdiocese -- Oklahoma City -- Church officials have signed three new oil and gas leases since Francis's missive on the environment, leasing documents show. Picture taken September 15, 2015. To match Exclusive POPE-USA/DRILLING REUTERS/Nick Oxford 

An energy installation on a property leased to Devon Energy Production Company by the Catholic Archdiocese of Oklahoma City is seen near Guthrie, Oklahoma, September 15, 2015. Casting the fight against climate change as an urgent moral duty, Pope Francis in June urged the world to phase out highly-polluting fossil fuels. Yet in the heart of U.S. oil country several dioceses and other Catholic institutions are leasing out drilling rights to oil and gas companies to bolster their finances, Reuters has found. And in one archdiocese -- Oklahoma City -- Church officials have signed three new oil and gas leases since Francis's missive on the environment, leasing documents show. Picture taken September 15, 2015. To match Exclusive POPE-USA/DRILLING REUTERS/Nick Oxford 

An oil pump jack can be seen in Cisco, Texas, August 23, 2015. Cisco residents Farris and Dan Wilks, along with their wives, have donated $15 million dollars to the campaign of U.S. Senator Ted Cruz making them the largest donors in the 2016 presidential election to date. Picture taken August 23, 2015. To match Special Report USA-ELECTION/WILKS REUTERS/Mike Stone 

A service truck drives past an oil well on the Fort Berthold Indian Reservation in North Dakota, November 1, 2014. The Fort Berthold Indian Reservation, home to the Mandan, Hidatsa, and Arikara Nation, produces nearly a third of North Dakota's oil. The election for a new tribal chairman, in which both candidates have positioned themselves as reformers, may change the oil industry's relationship with the reservation. Photo taken November 1, 2014. REUTERS/Andrew Cullen (UNITED STATES - Tags: POLITICS ELECTIONS ENERGY BUSINESS) 

Pump jacks pump oil at an oil field Buzovyazovskoye owned by Bashneft company north from Ufa, Bashkortostan, Russia, July 11, 2015. Russian President Vladimir Putin has signed a decree on transferring a 25 percent plus one share stake in medium-sized oil producer Bashneft to the region of Bashkortostan, Interfax news agency said on June 22, 2015. Picture taken July 11, 2015. REUTERS/Sergei Karpukhin 

Pumpjacks taken out of production temporarily stand idle at a Hess site while new wells are fracked near Williston, North Dakota November 12, 2014. Falling oil prices have yet to spoil North Dakota's party, with billions of investment dollars still flowing for new wells and pipelines, apartments and shopping centers, a tacit bet the third energy boom in the state's history is just getting started. Picture taken November 12, 2014. REUTERS/Andrew Cullen (UNITED STATES - Tags: BUSINESS COMMODITIES ENERGY) 

A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. Brent crude hit a new four-year low on Wednesday before recovering to just under $85 a barrel, as faltering global growth curbed demand for fuel at a time of heavy oversupply. Oil saw its biggest daily fall in more than three years on Tuesday after the West's energy watchdog slashed its forecasts for world oil demand for this year and 2015. Picture taken October 14, 2014. REUTERS/Lucy Nicholson (UNITED STATES - Tags: ENERGY BUSINESS TPX IMAGES OF THE DAY) 

A working oil pump is seen through fencing in Niederlauterbach, May 7, 2014. Alsace, the cradle of the French oil exploration industry in the mid-18th century, is witnessing a tentative return of small oil explorers in the eastern region on the German border. With oil prices hovering around $100, a dozen fields are pumping again, in a region that once provided 5 percent of French needs and gave birth to international oil services giants such as Schlumberger, before fading into insignificance in the 1960s when the barrel lingered around $15. Picture taken May 7, 2014. REUTERS/Vincent Kessler (FRANCE - - Tags: BUSINESS COMMODITIES ENERGY TPX IMAGES OF THE DAY)

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Abandoned oil pumps, part of the French Oil Museum collection, are seen near a rusted truck in a storage area of the museum in Merkwiller-Pechelbronn, May 7, 2014. Alsace, the cradle of the French oil exploration industry in the mid-18th century, is witnessing a tentative return of small oil explorers in the eastern region on the German border. With oil prices hovering around $100, a dozen fields are pumping again, in a region that once provided 5 percent of French needs and gave birth to international oil services giants such as Schlumberger, before fading into insignificance in the 1960s when the barrel lingered around $15. Picture taken May 7, 2014. REUTERS/Vincent Kessler (FRANCE - Tags: BUSINESS COMMODITIES ENERGY TPX IMAGES OF THE DAY)

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A sick Turkana child sleeps inside a basket on a donkey as his family relocates to another place due to insecurity in northwestern Kenya inside the Turkana region of the Ilemy Triangle September 26, 2014. The Ilemi Triangle is a disputed region in East Africa, claimed by South Sudan and Kenya, bordering also Ethiopia. The dispute arose from unclear wording of a 1914 treaty which tried to allow free movement of the Turkana people, nomadic herders who had traditionally grazed the area. REUTERS/Goran Tomasevic (KENYA - Tags: SOCIETY) 

An oil pump jack pumps oil in a field near Calgary, Alberta, July 21, 2014. Pump jacks are used to pump crude oil out of the ground after an oil well has been drilled. REUTERS/Todd Korol (CANADA - Tags: BUSINESS ENERGY ENVIRONMENT) 

A pumpjack of Austrian oil and gas group OMV is pictured in Auersthal, some 25 km (15 miles) north of Vienna February 20, 2014. OMV expects a higher tax burden in Romania from next year, possibly in the form of a tax on profits rather than higher royalties on wells, it said on Thursday. OMV considers Romania, together with Austria, as its core region, with stable political regimes and steady production levels that balance its riskier ventures in north Africa and the Middle East. REUTERS/Heinz-Peter Bader (AUSTRIA - Tags: ENERGY BUSINESS) 

A pumpjack that is now under the control of the Free Syrian Army, according to activists, is seen in Raqqa province September 12, 2013. REUTERS/Molhem Barakat (SYRIA - Tags: POLITICS CIVIL UNREST ENERGY) 

A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. The vast Monterey shale formation is estimated by the U.S. Energy Information Administration to hold 15 billion barrels of technically recoverable oil, or four times that of the Bakken formation centered on North Dakota. Most of that oil is not economically retrievable except by hydraulic fracturing, or fracking, a production-boosting technique in which large amounts of water, sand and chemicals are injected into shale formations to force hydrocarbon fuels to the surface. Picture taken April 29, 2013. REUTERS/Lucy Nicholson (UNITED STATES - Tags: BUSINESS ENERGY) 

A pumpjack brings oil to the surface in the Monterey Shale, California, April 29, 2013. The vast Monterey shale formation is estimated by the U.S. Energy Information Administration to hold 15 billion barrels of technically recoverable oil, or four times that of the Bakken formation centered on North Dakota. Most of that oil is not economically retrievable except by hydraulic fracturing, or fracking, a production-boosting technique in which large amounts of water, sand and chemicals are injected into shale formations to force hydrocarbon fuels to the surface. Picture taken April 29, 2013. REUTERS/Lucy Nicholson (UNITED STATES - Tags: ENERGY BUSINESS TPX IMAGES OF THE DAY)