In the first part of this post I present an update on the profitability for Light Tight Oil (LTO) extraction in the Bakken (ND) as one big project. This is followed with economic life cycle analysis for the average LTO well of the 2014, 2015 and 2016 vintages in the Bakken. This analysis found thatContinue reading “A little on the Profitability of the Bakken(ND)”
Tag Archives: shale oil
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”
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 