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”
Tag Archives: ROI
The Bakken LTO extraction in Retrospect and a Forecast of Near Future Developments
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”
Fractional Flow 