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Saturday, March 2, 2024

Quick! How Much Oil Now Estimated To Be "In" Guyana? March 2, 2024

Locator: 46656GUYANA.

Link here

Guyana is tracked here.  

When I read these stories I almost get the feeling that folks forget how much oil the Bakken is producing.

The Bakken is currently producing about 1.2 million bopd.

Folks may want to do the math:

Numbers and assumptions with regard to the Bakken:

  • 1.2 million bopd
  • 365 days / year
  • $70 /bbl
  • another 20 years of production at 1.2 million bopd

Also:

  • 1.2 million bopd
  • 30 years of production

The Bakken?

  • CLR was the biggest; now Chord?
    • Oasis + Whiting + Enerplus
  • and Chord, to be bought by someone else?

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