Great Bakken Oil Field is now down a stunning 25% from its peak in just a little more than a year and half ago:Read more here.
...the Bakken will be producing a lot less oil by 2020 and very little by 2025. This would also be true for the Eagle Ford Field in Texas. According to the most recent EIA Drilling Productivity Report, the Eagle Ford Shale Oil Field in Texas will be producing an estimated 1,026,000 barrels of oil per day in September, down from a peak of 1,708,000 barrels per day in May 2015. Thus, Eagle Ford oil production is slated to be down a stunning 40% since its peak last year.
Sunday, September 18, 2016
So you think you can keep on driving gas guzzlers well into the future?
Zero Hedge reports,So you think you can keep on buying gas guzzlers well into the future?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment