The Bakken Light Tight Oil Predicament

The Bakken Light Tight Oil Predicament

This article in OilPro.com is a very good compilation of data and analysis of the Bakken Play in today’s economic environment. The analysis agrees with our assessment of the Bakken. Based on our data, I feel he may be conservative on the operating costs, which would further impair the economics. Tough times ahead for all Bakken players, especially the marginal ones.

 

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Tom Hohn is a petroleum engineer who has worked in the oil and gas industry for 40+ years. He has endured several booms and busts during that time. In reality, the tough years outnumber the good years, but it is a great industry that has treated him well.
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