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Olduvai III: Catacylsm
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U.S. SHALE OIL INDUSTRY: Catastrophic Failure Ahead

U.S. SHALE OIL INDUSTRY: Catastrophic Failure Ahead While the U.S. Shale Industry produces a record amount of oil, it continues to be plagued by massive oil decline rates and debt.  Moreover, even as the companies brag about lowering the break-even cost to produce shale oil, the industry still spends more than it makes.  When we add […]

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Bakken Decline Rates Worrying For Drillers

Bakken Decline Rates Worrying For Drillers I have been supplied an Excel spreadsheet of all North Dakota wells back to 2006, thanks to Enno Peters and Dennis Coyne. I only used the data back to 2007 however. This is a wealth of information if we want to know how many wells came on line in […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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