In a previous post on US LTO future output there were suggestions that a bottom up approach might be better than the top down approach and I agree. I will attempt the bottom up approach here. The chart below is … Continue reading
Tag Archives: Bakken
North Dakota has published January production data for the Bakken and for all North Dakota. Bakken production was up 37,617 bpd to 932,817 bpd while all North Dakota’s production was up 37,972 to 980,294 bpd.
The future output from the light tight oil (LTO) sector of the US oil industry is the subject of much speculation. Above I present some possible future output scenarios based on a simple model of US LTO, the scenarios are … Continue reading
North Dakota has released December production data for the Bakken and for all North Dakota. They were a little shocking. Bakken production down 86,150 barrels per day 895,330 bpd. North Dakota production down 92,029 bpd to 942,455 bpd. It was … Continue reading
Jean Laherrere has posted the following charts and comments on Bakken and World oil reserves. EIA proved reserves on Bakken (ND +Montana) plus cumulative production have changed at end : -2012 3754 Mb -2013 5701 Mb -2014 7203 Mb -2015 … Continue reading