Category: Fossil fuels

‘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