North Dakota Peak Oil Production and Decline

We read in the news recently that North Dakota monthly oil production had peaked.  I reviewed the situation it to see how significant the peak was. The plot and data below show illustrate that North Dakota daily crude production is on a significant decline (which really began in November), the de...

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Harold Hamm Expects $60 Oil, Says America Will Double Output Again

Harold Hamm Expects $60 Oil, Says America Will Double Output Again – from Forbes “The fracking tycoon has cut capex at Continental Resources , but refuses layoffs. He says he’ll need all his staff for the new boom to come” You just have to love an optimistic contrarian like Haro...

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The Bakken Light Tight Oil Predicament

By Thomas Hohn / December 10, 2015 / Oil Property Economics / No Comments

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 cost...

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