In this post I present some of the methods I have used to get estimates based on actual NDIC data on the Estimated Ultimate Recovery (EUR) for wells in the Bakken North Dakota. The Bakken is here being treated as one big entity. As the Bakken shales [for geological reasons] are not ubiquitous there willContinue reading “The Bakken, a little about EUR and R/P”
Tag Archives: tight 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”
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”
Fractional Flow 