BakkenMonitor cover Bakken Monitor – March 2018 The Eagle Ford Has Landed - With a Thud?

North Dakota's January oil production fell further to 1.176 million b/d (-5,000 b/d m-o-m), in line with our forecast of 1.177 million b/d. We see production higher in F...

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BakkenMonitor cover Bakken Monitor – February 2018 Promises, Promises as LTO Outspends Again

North Dakota's oil production fell to 1.181 million b/d (-13,000 b/d m-o-m) in December, in line with our forecast of 1.172 million b/d. Reported earlier than expected, ...

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BakkenMonitor cover Bakken Monitor – January 2018 LTO Unchained: Strong Production Growth Expected as Majors Look to US

North Dakota's oil production increased to 1.195 million b/d (+9,000 b/d m-o-m) in November, in line with our forecast of 1.199 million b/d. We forecast December product...

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BakkenMonitor_November-2017 Bakken Monitor – November 2017 Returns vs Growth: A Two-Speed LTO Industry?

North Dakota's oil production increased to 1.085 million b/d (+38,000 b/d m-o-m or 4%) in August, ahead of our forecast, as legacy well decline rates flattened. We see le...

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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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