(Off topic; mea culpa maxima)Art Berman in FEB 17:http://www.artberman.com/the-beginning-of-the-end-for-the-bakken-shale-play/"It’s the beginning of the end for the Bakken Shale play.The decline in Bakken oil production that started in January 2015 is probably not reversible." [Bunch of blabla about water, gas, wells getting worse, EUR dropping, etc.]So what has happened in cold hard production facts, with ND production?Month: MM bopd (comments)DEC14: 1.230 (high price era peak production)JAN15: 1.192 (Berman's decline beginning)DEC16: 0.942 (all time recent low, last datum as of Berman article press time)MAY18: 1.248 (first month that beat the old peak)JUN19: 1.425 (most recent month, and current record)Source: https://www.dmr.nd.gov/oilgas/stats/historicaloilprodstats.pdf As you can see, Berman was EERILY 180 degrees wrong. Right after his article, the production went up. And has added just shy of a half million bopd. It reminds me of James Hamilton claiming "hundred dollars here to stay" in JUL14. Needless to say, neither has been too eager about doing a thorough post mortem where they admit how wrong they were and dig into how their biases led them to that.P.s. Check that anonymi from 2017 in the Berman article comments. Schooling him good on winter, gas, water, etc. Even at the time, the article was silly.
Yes. You are so correct especially that last past: "Even at the time, the article was silly." The most embarrassing thing for guys like Berman is that the internet "saves" all these articles.