Great Graph at Seeking Alpha on Tight Shale Production

Link here to SeekingAlpha.com.

I did not read the article (yet). In fact, this provides an opportunity to warn folks that I don't have time to read everything I post, and I certainly don't have time to read closely everything I post. My goal is to post information as soon as possible.

This graph at this link is very, very interesting. It certainly puts things into perspective. The colors may be a bit hard to read, but the names on the key at the right are in order with the graph (if that makes sense: e.g., Eagle Ford is the top increment on the graph; then the Bakken; and then so on).

It would be nice to see this graph updated in 1, 5 and 10 years.

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At the story at the link:

Yes, the United States had the largest increase in production year on year again. Five years ago with American oil production in a thirty year decline trend, very few people could have imagined that we would now be on the upswing or the third consecutive year.

And this upswing is no short term blip. It is the beginning of a long term trend that is made possible by technological advances that now allow oil trapped in tight rocks to be produced economically.

It will be interesting to see how fast Mississippi Lime can ramp up.  As you reflect on that, think of the miles of pipeline that has been added in the Williston Basin and the number of rail/oil terminals that have been built since 2008.

It's also interesting to see the players in the Mississippi Lime: Apache, SandRidge, and Chesapeake.