BakkenMonitor_October-2017 Bakken Monitor – October 2017 Is Hamm Right To Be Cheesed Off With EIA?

North Dakota's oil production increased to 1.047 million b/d (+15,000 b/d m-o-m or 1.5%) in July, ahead of our forecast. We forecast August production higher, reflecting...

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BakkenMonitor_September-2017 Bakken Monitor – September 2017 2Q17 Results Show LTO's Back to Business As Usual - Weather Permitting

North Dakota's oil production fell to 1.032 million b/d (-8,500 b/d m-o-m) in June, in line with our forecast of 1.027 million b/d. We see July production flat. The EI...

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BakkenMonitor_August-2017 Bakken Monitor – August 2017 Everything's Bigger In Texas

Data on productivity improvements show Texas basin wells holding on to gains better than Bakken wells. North Dakota's oil production retreated to 1.040 million b/d (-1...

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BakkenMonitor_July-2017 Bakken Monitor – July 2017 Limits to Growth

Though more flexible than other sources of production, we argue LTO's ability to regulate production short-term is more limited than generally realised. North Dakota's...

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BakkenMonitor_June-2017 Bakken Monitor – June 2017 LTO at a Loss

North Dakota lost production in March whilst industry keeps losing money. With winter gone and the boost from returning shut-in wells spent, North Dakota's LTO output ...

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BakkenMonitor_May-2017 Bakken Monitor – May 2017 Breakeven Make-Believe

Companies continue losses across the US LTO sector despite claims of radically lower well breakevens. North Dakota's oil production rose to 1.034 million b/d in Februa...

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BakkenMonitor_April-2017 Bakken Monitor – April 2017 Permania Has Landed

With bankruptcies falling, land prices in the Permian double to average $40,000/acre. North Dakota's oil production recovered to 980,294 b/d (+38,000 b/d m-o-m) in Jan...

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BakkenMonitor_March-2017 Bakken Monitor – March 2017 The Million Barrel Question

Most LTO companies are targeting 1 million boe average ultimate recovery. Can they do it? North Dakota's oil production crashed to 942,455 b/d in December from 1.034 m...

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BakkenMonitor_January-2017 Bakken Monitor – February 2017 Get Well Soon?

With more capex budgets reported, the US LTO recovery may begin in earnest in 2H 2017. North Dakota's oil production fell to 1.034 million b/d in November from 1.44 mi...

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BakkenMonitor_January-2017 Bakken Monitor – January 2017 October Surprise

North Dakota adds its most ever in a single month as Whiting restarts Twin Valley amongst other older wells brought back online. North Dakota's oil production rose to ...

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