US tight oil legacy decline can be estimated by assuming no future tight oil completions in the various US tight oil basins. The charts below illustrate such an estimate for the Permian, North Dakota Bakken/Three Forks, Eagle Ford, Niobrara, and other tight oil basins (not included in the previous 4 tight oil basins).
Permian legacy decline is 3405 minus 3142 or 263 kb/d. Read More