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”
Category Archives: North Dakota
Bakken, Something About EURs, PDP Reserves and R over P Ratio
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”
More on LTO Economics in the Bakken
The goal for any commercial company is to make as high as possible profit and returns on invested (employed) capital, primarily the owners’ capital, equity. Light Tight Oil (LTO) extraction from the Bakken and Three Forks formations in North Dakota had a new high of 1,17 Mbo/d in Apr-18 according to data published in Jun-18Continue reading “More on LTO Economics in the Bakken”
Fractional Flow 