This post is an update on total Light Tight Oil (LTO) extraction from Bakken in North Dakota based upon actual data as of October 2014 from North Dakota Industrial Commission (NDIC). It further presents a statistical analysis on developments of well productivity with a detailed look at developments in Parshall, Reunion Bay and Sanish. ThereContinue reading “Are Mountrail’s Sweet Spots Past Their Prime?”
Category Archives: shale oil
Will the Bakken Red Queen Outrun Growth in Water Cut?
This post presents a closer examination of actual data on Light Tight Oil (LTO) extraction, developments in water cut and Gas Oil Ratio (GOR) for some pools and individual wells in the Middle Bakken and Three Forks formations in North Dakota. LTO extraction’s primary drive mechanism is (differential) pressure and there are some noticeable trendsContinue reading “Will the Bakken Red Queen Outrun Growth in Water Cut?”
Growth in Global Total Debt sustained a High Oil Price and delayed the Bakken “Red Queen”
The saying is that hindsight (always) provides 20/20 vision. In this post I present a retrospective look at my prediction from 2012 published on The Oil Drum (The “Red Queen” series) where I predicted that Light Tight Oil (LTO) extraction from Bakken in North Dakota would not move much above 0.7 Mb/d. Profitable drilling inContinue reading “Growth in Global Total Debt sustained a High Oil Price and delayed the Bakken “Red Queen””
Fractional Flow 