It is interesting to go back to 2013 and see the Goldman Sachs forecast then.
The forecast:
The curve was affected by price, of course, which was affected by the Saudi Surge, announced in November, 2014, and lasted almost exactly two full years.
At the time that article was written, WTI was selling for $103/bbl.
All things being equal, the curve will move to the right.
I posted this, not so much for the Goldman Sachs prognostication but, to note the Bakken formations/sub-formations recognized by Goldman Sachs analysts and the size of the spacing units.
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