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””
Tag Archives: LTO
THE REVIVAL OF MOUNTRAIL’s ”OLD” SWEET SPOTS
This post is an update and slight expansion of my previous post In Bakken (ND) it is now mostly about McKenzie County about developments in light tight oil (LTO) extraction in the Bakken/Three Forks formations in North Dakota. It also includes a little about developments in LTO extraction from Bakken/Three Forks in Elm Coulee, Montana.Continue reading “THE REVIVAL OF MOUNTRAIL’s ”OLD” SWEET SPOTS”
Fractional Flow 