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Olduvai III: Catacylsm
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US Light Tight Oil (LTO) Update

US Light Tight Oil (LTO) Update I have updated my scenarios for US LTO output, based on both EIA tight oil output data and average well profile data from Enno Peters’ shaleprofile.com. I have also created a scenario for the Niobrara shale oil play and for “other US LTO” which excludes the Permian Basin LTO, […]

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The Future of US Light Tight Oil (LTO)

The Future of US Light Tight Oil (LTO) The future output from the light tight oil (LTO) sector of the US oil industry is the subject of much speculation. Above I present some possible future output scenarios based on a simple model of US LTO, the scenarios are compared with the EIA’s 2017 Annual Energy […]

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Shale Oil’s “Dirty Little Secret” Has Been Exposed

Shale Oil’s “Dirty Little Secret” Has Been Exposed On Friday, on the way to diving into Goldman’s $20 crude call, we recapped our characterization of low crude prices as a battle between the Fed and the Saudis, a battle which is now manifesting itself in budget troubles in Riyadh and a concurrent FX reserve burn. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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