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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Watch Five Years of Oil Drilling Collapse in Seconds

By Thomas Hohn / February 26, 2016 / Oil Property Economics / No Comments

Watch Five Years of Oil Drilling Collapse in Seconds A Bloomberg article with an animation of rig count, domestic production and crude price vs time.  It is great illustration of the shale boom and bust. “The crash in oil prices has taken its toll. The number of active oil-drilling rigs in ...

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Can Conventional E&P Bring The Next Generation Of Oil Fortunes

Can Conventional E&P Bring The Next Generation Of Oil Fortunes? This article is a very good commentary on the conventional vs non conventional oil and gas resources at play in the US.  The unconventional plays simply require more capital than the smaller players can (or should) afford.  Much ...

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