Tuesday, November 6, 2018

Peak Oil? I Don't Think So -- Staggering -- November 6, 2018

I don't know if folks remember this graphic from January, 2013.

Six wells in each formation, middle Bakken and three benches of the Three Forks = 24 wells in each 1280-acre drilling unit.

The graphic above actually shows eight wells targeting each of the four formations, or 32 wells.

A bit outrageous?

Look at this, from the November, 2018, Oasis corporate presentation:

The Permian.

Peak oil? I don't think so.

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