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”
Category Archives: The Red Queen
Bakken(ND) Light Tight Oil – Update with Sep – 15 NDIC Data
After years of following developments in extraction of light tight oil (LTO) in the Bakken, the oil price, studying actual well production data from the North Dakota Industrial Commission (NDIC) and the SEC 10-Q/Ks filings for several companies heavily exposed to the Bakken, a quote from Shakespeare’s Macbeth comes to the fore of my mind:Continue reading “Bakken(ND) Light Tight Oil – Update with Sep – 15 NDIC Data”
Status on the Bakken ”Red Queen” with Data as per April 2015
This post presents a study of developments of Light Tight Oil (LTO, shale oil) extraction for 8 companies in Bakken(ND) that as of April 2015 had added around 600 (or more) producing wells in the Bakken/Three Forks formations since January 2008. The 8 companies are; Continental Resources, EOG Resources, Hess Bakken Investments, Marathon Oil Company,Continue reading “Status on the Bakken ”Red Queen” with Data as per April 2015”
Fractional Flow 