OIL PEAK IN NORTH DAKOTA & MONTANA

"Using an ultimate of 2.5 Gb for North Dakota Bakken, the peak is for the fall of 2014 at 1Mb/d ... The Hubbert linearization for the period between 1990-2013 trends towards an ultimate of 2500 Mb ... Adding the forecast of Bakken and non-Bakken each with an ultimate of 2.5 Gb gives a peak for North Dakota at 1.06 Mb/d in the fall of 2014 and a sharp decline with only 0.2 Mb/d in 2020 ... In 2012, the North Dakota Department of Mineral Resources forecasted natural gas production with a slow decline, which is in contradiction to the sharp decline of tight oil production coming mainly from fractures and not from the pores of the reservoir."

Zu den Folien von Jean Laherrère, erschienen auf Crude Oil Peak (26. Januar 2014) »