Tom Young

1 month ago | dobenergy.com | Tom Young |Paul Wells

Production from the Bakken shale in the Williston Basin grew rapidly in the last decade, with horizontal drilling and fracking techniques pioneered by a number of operators. As the formation matures, production growth will likely be dependent on improved pipeline capacity and the development of even more advanced techniques such as enhanced oil recovery (EOR). The reality is top tier inventory is depleting, and oil production is plateauing.