Jean Laherrere’s Bakken Update
Jean Laherrere sent me the below charts the other day. I had planned on posting them with more Bakken data. But my schedule has been busy so I am posting them alone.
Jean’s interpretation for ND is as follows
Bakken ultimate = 3 Gb
Non Bakken ultimate = 2.2 Gb
ND ultimate 5.2 Gb
Detail
Quite symmetrical like the EIA drilling productivity data, but in contrary to EIA/AEO2015 with a peak in 2020
It will be interesting to see the evolution in the next few months
The Hubbert Linearization puts the Bakken about half way to the end.
The rest of North Dakota, less the Bakken, is just about finished.
With this chart Jean puts North Dakota production right at the peak.
…click on the above link to read the rest of the article…
