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Bakken Archive
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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 […] -
IEA: US$ 40 oil means 3 mb/d less tight oil by 2020
Posted on November 16, 2015 | No CommentsYou want $40 oil? Yes, please. But according to the World Energy Outlook 2015 of the International Energy Agency, recently released in London, that would mean 3 mb/d less US […] -
IEA report implies US crude production may start to peak 2016
Posted on August 14, 2014 | No CommentsThe Medium Term Oil Market Report of the International Energy Agency (IEA, Paris), published in June 2014, contains a graph which implies that US crude production will start to peak […] -
Australian governments want to pay $810m subsidy for unviable road tunnel in Sydney as next oil price spike looms (part 1)
Posted on March 27, 2014 | No CommentsThe Federal government refused to financially help car manufacturers and airlines, arguing that companies need to get their “house in order”. The Federal budget is deep in the red. Yet, […] -
Jean Laherrere uses Hubbert linearization to estimate Bakken shale oil peak in 2014
Posted on January 31, 2014 | No CommentsIn his latest research on shale oil French oil geologist Jean Laherrere from ASPO France http://aspofrance.viabloga.com/texts/documents estimates a Bakken shale oil peak in 2014 He uses a Hubbert linearization to […] -
The high cost of railroading unconventional crude
Posted on July 14, 2013 | No CommentsThe derailment and explosion of a shale oil train in Canada highlights desperate attempts by refineries along the US/Canada East coast to offset the conventional oil peak of Atlantic basin […] -
US shale oil hype
Posted on November 21, 2012 | No CommentsThe media are full of reports – quoting the recently published World Energy Outlook of the International Energy Agency (IEA) – about an energy revolution in the US, which is […]