This post is a status update on crude oil extracted from the Norwegian Continental Shelf (NCS) and presents the developments of some selected discoveries long in the tooth and some more recent developments. I presented my 2014 crude oil forecast towards 2040 in Norwegian Crude Oil Reserves and Production per 2013 in April 2014. NorwegianContinue reading “Norwegian Crude Oil Extraction, Fall 2014 Status”
Author Archives: Rune Likvern
The Crude Oil Price and Changes to Total Global Private Credit/Debt
This is another installment of my work in progress about credit, interest rates and the oil price. Though many of the mechanisms for some time (as in several years and in some circles) have been well understood, nothing beats having the cover of data/reports from authoritative sources. In this post I present the observations andContinue reading “The Crude Oil Price and Changes to Total Global Private Credit/Debt”
THE REVIVAL OF MOUNTRAIL’s ”OLD” SWEET SPOTS
This post is an update and slight expansion of my previous post In Bakken (ND) it is now mostly about McKenzie County about developments in light tight oil (LTO) extraction in the Bakken/Three Forks formations in North Dakota. It also includes a little about developments in LTO extraction from Bakken/Three Forks in Elm Coulee, Montana.Continue reading “THE REVIVAL OF MOUNTRAIL’s ”OLD” SWEET SPOTS”
Fractional Flow 