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: North Dakota
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”
IN BAKKEN (ND) IT IS NOW MOSTLY ABOUT MCKENZIE COUNTY
In this post I present an update to my previous posts over at The Oil Drum (The Red Queen series) on developments in tight oil production from the Bakken formation in North Dakota with some additional estimates, mainly presented in charts. The expansion is much about the differences between wells capable of producing, actual producingContinue reading “IN BAKKEN (ND) IT IS NOW MOSTLY ABOUT MCKENZIE COUNTY”
Fractional Flow 