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”
Category Archives: oil companies and debt
Oil, Interest Rates and Debt
At first glance it is hard to see how oil, interest rates and debt are connected. Two of them are human constructs while oil (fossil sunlight), a gift from Mother Nature, took tens of millions of years to process. Oil is an endowment extracted from a confined underground stock and is now the most denseContinue reading “Oil, Interest Rates and Debt”
Norwegian Crude Oil Reserves And Extraction per 2015
In this post I present actual Norwegian crude oil extraction and status on the development in discoveries and reserves and what this has now resulted in for expectations for future Norwegian crude oil extraction. This post is also an update of an earlier post about Norwegian crude oil reserves and production per 2014. Norwegian crudeContinue reading “Norwegian Crude Oil Reserves And Extraction per 2015”