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Permian Archive
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World crude production outside US and Iraq is flat since 2005
Posted on June 10, 2019 | No CommentsIn the year 2005, the global crude production curve shows a definitive kink, going horizontal for several years. This caused the 2008 oil price shock and the following financial crisis […] -
US shale oil peak in 2015
Posted on March 30, 2016 | No CommentsThe recent EIA drilling productivity reports show a peaking of shale oil production in the main production regions. https://www.eia.gov/petroleum/drilling/ Fig 1: Bakken production change from old/new wells The 1st panel […]