THE BAKKEN, A SNAPSHOT FROM 40 000 FEET AS OF END 2020

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”

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”

A little on the Profitability of the Bakken(ND)

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)”