Bakken update: Over 2012 and 2013, the average IP rate has decreased from 800 to 700 boe/d.
More on Bakken Production Rates by Ron Patterson Posted on July 19, 2013 Taking a closer look at Forecasting shale oil production IP learning curve Bakken statistics show an average increase of 24-hour initial production rates from 600 to 800 boed/d over...Shale Gas – More Problems
Saudi Gazette | Syed Rashid Husain Shale gas — or the emergence of fracking technology to be precise — has revolutionized the energy world. It has given a sense of the otherwise elusive supply security to the industrialized world. The story began in the US. This shale...BP Energy Outlook 2030 DEEPLY FLAWED
The most interesting statistics in this entire BP report is that there are currently 54 years of oil reserves and 64 years of natural gas reserves. The true figures are much smaller as this report understates demand by huge proportions failing to reflect about 1.2...Quantitative Easing
In the June 23 article in the Financial Times on quantitative easing of the United States, there is a gigantic fact here that few really understand. It is the 2.9 trillion dollars of Federal Reserve Credit. At the time of the fall of Lehman there was only 900 billion...German Consolidation of Europe
The goal of consolidating Europe into one state goes back in modern times to Napoleon Bonaparte’s Continental System whose goal was to create a system of Empire that was self-sufficient and would preserve within it its industrial capacity against the exports of...Recent News
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Comments Off on David Lifschultz, Letter to Jamie Dimon
This letter covers the danger of the of the Iranians shutting the Straits of Hormuz. The solution is in footnote two. Footnote one: The letter covers the danger of the of the Iranians shutting the...
