{"id":36780,"date":"2018-08-18T08:06:22","date_gmt":"2018-08-18T13:06:22","guid":{"rendered":"http:\/\/olduvai.ca\/?p=36780"},"modified":"2018-08-18T08:06:22","modified_gmt":"2018-08-18T13:06:22","slug":"big-trouble-brewing-at-the-bakken-rapid-rise-in-water-production-signals-red-flag-warning","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=36780","title":{"rendered":"BIG TROUBLE BREWING AT THE BAKKEN: Rapid Rise In Water Production Signals Red Flag Warning"},"content":{"rendered":"
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BIG TROUBLE BREWING AT THE BAKKEN: Rapid Rise In Water Production Signals Red Flag Warning<\/a><\/h3>\n<\/header>\n
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Big trouble is brewing in the mighty North Dakota Bakken Oil Field.\u00a0 While oil production in the Bakken has reversed since it bottomed in 2016 and increased over the past few years, so has the amount of by-product wastewater.\u00a0 Now, it\u2019s not an issue if water production increases along with oil.\u00a0 However, it\u2019s a serious RED FLAG if by-product wastewater rises a great deal more than oil.<\/p>\n

And\u2026 unfortunately, that is exactly what has taken place in the Bakken over the past two years.\u00a0 In the oil industry, they call it, the rising \u201cWater Cut.\u201d\u00a0 Furthermore, the rapid increase in the amount of water to oil from a well or field suggests that peak production is at hand<\/strong>.\u00a0 So, now the shale companies will have an up-hill battle to try to increase or hold production flat as the water cut rises.<\/p>\n

According to the North Dakota Department of Mineral Resources, the Bakken produced 201 million barrels of oil in the first six months of 2018.\u00a0 However, it also produced a stunning 268 million barrels of wastewater:<\/p>\n

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Thus, the companies producing shale oil in the Bakken had to dispose of 268 million barrels of by-product wastewater in just the first half of the year.<\/strong>\u00a0 I have spoken to a few people in the industry, and the estimate is that it cost approximately $4 a barrel to gather,\u00a0transport and dispose of\u00a0this wastewater.\u00a0 Which means, the shale companies will have to pay an estimated $2.2 billion just to get rid\u00a0of their wastewater this year.<\/p>\n

Now, some companies may be recycling their wastewater, but this isn\u2019t free.\u00a0 Actually, I have seen estimates that it cost more money to recycle wastewater than it does to simply dispose of it.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

BIG TROUBLE BREWING AT THE BAKKEN: Rapid Rise In Water Production Signals Red Flag Warning Big trouble is brewing in the mighty North Dakota Bakken Oil Field.\u00a0 While oil production in the Bakken has reversed since it bottomed in 2016 and increased over the past few years, so has the amount of by-product wastewater.\u00a0 Now, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[48,723,12073],"class_list":["post-36780","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-bakken","tag-shale-oil","tag-srsrocco-report"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36780","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36780"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36780\/revisions"}],"predecessor-version":[{"id":36781,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/36780\/revisions\/36781"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}