Saturday, September 22, 2012

Bentek Study: Williston Basin Bakken -- Oil Production to 2.2 Million BOPD; Natural Gas to 3.0 BCFPD By 2022

Back on July 25, 2012, MDW linked a Bismarck Tribune story citing a Bentek study suggesting that the Bakken could produce as much as 2.0 million bopd by 2025.

Shortly after that a reader sent me the Bentek briefing that provided much more background. I don't think the briefing has a date on it, but my understanding is that it is current as of August 14, 2012.

I apologize for the delay in getting this posted.

This is a most incredible briefing.

The presentation focuses on the natural gas play in the Williston Basin due to the Bakken boom.

Slide 3: strong drilling economics, a rising gas-to-oil ratio and greater efficiency will increase the future output from the Williston Basin. Under BENTEK's Base Case Scenario, oil production will climb to 2.2 million bopd and gross gas production will top top 3.0 billion cubic feet per day by the end of 2022.

In bullet form:
  • strong drilling economics
  • a rising gas-to-oil ratio (also, see slide 16)
  • greater efficiency
Most interesting is the "rising gas-to-oil ratio" -- an observation noted in the most recent Director's Cut.

North Dakota gross gas production will start rising significantly in 2013 and will continue rising through 2025 before leveling off (slide 26). The slide is quite remarkable. Natural gas gathering and processing is well behind the curve (slide 28) and will require significant infrastructure investment.

A huge "thank you" to the reader sending me this briefing. Don't ask me why it took so long to get it posted. Smile.


  1. Bruce,

    I am curious about the interest in CNG/LNG vehicles in the Williston Basin. I have been studying the status and potential of the market, in ND and elsewhere, and the roadblocks.

    Maybe other readers will comment. I hope so.


    1. Do you, or your businesses use CNG now?

    2. If not, do you or your businesses plan to use CNG in the future?

    3. If not, do you, or your businesses, want CNG vehicles?

    4. If yes, what motivates you, or your businesses?

    5. If not, why not?

    6. What price is needed to motivate you (if any will)?
    a. Equal to gasoline or diesel id enough.
    b. at least ____ % less than gasoline or diesel is required.
    c. up to ____ % less than gasoline or diesel is OK.

    7. Do you know enough about CNG vehicles to have a firm opinion?

    8. What are your main questions about CNG vehicles?

    I have the same questions for LNG.

    Anon 1

    1. We will see if anyone's interested:

  2. I am also curious about use of CNG/LNG in drilling, fracing, etc. The questions are generally the same, although using field gas may introduce different responses.

    anon 1

  3. Wasn't aware of this new proposed nat gas processing plant, as well as NGL pipeline to tie into the ONEOK pipeline, until reviewing the Bentek report. New Frontier Midstream is a private company planning on a new facility near South Heart and also one in Roosevelt County, Montana.

    Perhaps it had been listed here before.

    1. Great story, great link.

      I have re-posted here: