In the first part of this post I present an update on the profitability for Light Tight Oil (LTO) extraction in the Bakken (ND) as one big project. This is followed with economic life cycle analysis for the average LTO well of the 2014, 2015 and 2016 vintages in the Bakken. This analysis found thatContinue reading “A little on the Profitability of the Bakken(ND)”
Category Archives: North Dakota
The Bakken, a little about EUR and R/P
In this post I present some of the methods I have used to get estimates based on actual NDIC data on the Estimated Ultimate Recovery (EUR) for wells in the Bakken North Dakota. The Bakken is here being treated as one big entity. As the Bakken shales [for geological reasons] are not ubiquitous there willContinue reading “The Bakken, a little about EUR and R/P”
The Bakken LTO extraction in Retrospect and a Forecast of Near Future Developments
In retrospect, it becomes easier to understand the amazing growth and resilience of Light Tight Oil (LTO) extraction from Bakken (and other US tight oil plays) if the effects from the use of huge amounts of debts (including assets and equities sales) is put into this context. Debt leverage together with a high oil priceContinue reading “The Bakken LTO extraction in Retrospect and a Forecast of Near Future Developments”
Fractional Flow 