In January 2012, I traveled to Oklahoma City for the first time to report on what …
Tight oil in the US is experiencing shocking deterioration in production vs. declines percentages just since November. …
As we’ve written about often here at PeakProsperity.com, much of what’s been ‘sold’ to us about the US shale …
SCROLL DOWN: The impact of high decline rates on the economics of gas drilling is huge. Companies are pulling out of the Marcellus due to poor profitability prospects.
Arthur …
Every day a government agency or industry group in North America still hails natural gas mined from deep shale rock …
Barnett, Fayetteville, Woodford and Haynesville. Nearly 2,000 horizontal shale gas wells were included in this study, so these rates are not statistical flukes.
FROM THE REPORT:…
As I said more than a year ago, after reading the US Geological Report comparing the Marcellus and Barnett shale plays, and having a few conversations with independent petroleum engineers that are familiar with both plays, that the ‘drop-off rate
Actual Data from PA on the decline rate of fracked wells and the over-estimation of total natural gas production parallels similar data from the Barnett shale in Texas from Arthur Berman.
CLICK HERE for info on the Barnett decline rate …
Arthur Berman first calculated the decline rates in 2009 – once public, the companies could not lie to their stockholders – they sort of tried to hide it on page 10, …
