Bakken Monitor – October 2017
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...
Bakken Monitor – September 2017
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...
Bakken Monitor – August 2017
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...
Bakken Monitor – July 2017
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...
Bakken Monitor – June 2017
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 ...
Bakken Monitor – May 2017
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...
Bakken Monitor – April 2017
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...
Bakken Monitor – March 2017
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...
Bakken Monitor – February 2017
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...
Bakken Monitor – January 2017
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 ...