NOTE, this article is split into two parts. The first part, the main body (5 500 words [includes text for charts and tables]), presents this analysis’s results. The second part, supplemental information and documentation (3 000 words [includes text for charts), lists data sources, describes methods, abbreviations, acronyms, and some of the terms used inContinue reading “THE BAKKEN, A SNAPSHOT FROM 40 000 FEET AS OF END 2020”
Oil is priced in U.S. Dollar (USD or US$); therefore, the oil price becomes strongly linked to fluctuations to the strengths and weaknesses of the USD. The USD is the world’s dominant reserves currency, and changes to its exchange rate are closely linked to the monetary policies of the U.S. Federal Reserve (the Fed inContinue reading “The Prices of USD, Oil, and U.S. Fiscal and Monetary Policies”
Proven reliable methods on the Estimated Ultimate Recovery (EUR) for any well (or other agreed parameter like EUR for the average well of specified vintage populations for plays, fields, companies or other) is crucial to make estimates on remaining Proven Developed Producing (PDP) and Proven UnDeveloped (PUD) reserves which are the linchpins for assets backedContinue reading “Bakken, Something About EURs, PDP Reserves and R over P Ratio”
Get new content delivered directly to your inbox.