Category: Energy

‘Nothing To See Here’ – Frackers Ignore Rising Well Decline Rates

The steep decline rates of shale tight oil wells represent a mathematical certainty from which the fate of shale oil cannot escape. Now the math seems to be catching up sooner than expected.

August 11, 2017
In-depth topic: Tight oil Shale gas

Is The Bakken a Bust?

This latest piece from Peak Oil Barrel provides additional insight into the state of decline of the Bakken oil production. Bakken and North Dakota December 2016 oil production data Bakken production down 86,150 barrels per day to 895,330 bpd. Bakken an …

February 27, 2017
In-depth topic: Tight oil Shale gas

Drilling Deeper Reloaded – 2016 Tight Oil Reality Check

Two years after its tight oil analysis, a new report drills deeper into and deconstructs the EIA’s subsequent annual energy outlooks. Catch phrase: very to extremely optimistic.

February 25, 2017
In-depth topic: Tight oil Shale gas

Oil Majors in Serious Trouble

The latest numbers from the Big Three of the oil majors are indicative of the tectonic forces transforming the oil industry.

February 21, 2017
In-depth topic: Peak oil

Keystone XL Needs Much Higher Oil Prices To Be Viable

Latest piece from Art Berman arguing that the Keystone XL Pipeline is a bet on much higher oil prices a few years from now. Some key observations: It will take at least $85 oil prices to develop the new oil sand projects needed to fill the pipeline. U. …

February 13, 2017
In-depth topic: Tight oil Shale gas

Why Cheap Natural Gas Is History

With shale gas production declining and conventional gas having been in terminal decline for the past 15 years, the supply surplus that has existed since December 2014 has disappeared and a supply deficit began in January 2017.

February 11, 2017
In-depth topic: Tight oil Shale gas

China cementing global dominance of renewable energy and technology

China is on its way to global dominance of renewable energy just as the US, UK and Australia continue to apply the brakes to clean energy.

January 29, 2017
In-depth topic: Renewable energy

Wind Surges to Nearly 15 Percent of Texas Power Supply

Texas, the clear window power leader in the US, generates nearly 15 percent of its power from wind in 2016, making it third after coal and natural gas.

November 29, 2016
In-depth topic: Renewable energy

Exxon Signals Major Trouble Ahead for Oil Industry

The latest financial report from ExxonMobil sounds a major alarm bell that the oil industry is in serious – very serious – trouble.

November 12, 2016
In-depth topic: Peak oil

Art Berman: Labor Day Weekend Oil Special

this interview with oil expert Art Berman is a must-listen for those who want a better understanding of the macro drivers of oil prices.

September 5, 2016
In-depth topic: Tight oil Shale gas