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Articles: tight oil production (11)

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'Difficult' Oil Faces Difficult Future, Predict New Reports

Two new reports on tight oil, or "difficult" oil extracted by fracking and horizontal drilling, and bitumen mining in North America strip away the marketing hype on extreme hydrocarbons and conclude that their futures may be volatile and shorter than advertised.

Drilling Deeper: New Report Casts Doubt on Fracking Production Numbers

Post Carbon Institute has published a report calling into question the production statistics touted by promoters of hydraulic fracturing or fracking.

Commentary: Interview with Dr. Sadad Al-Husseini

Since the autumn of 2011, a storyline of “oil revolution” and oil abundance--even “North American energy independence”—has taken the US media by storm.

Have the Obits for Peak Oil Come Too Soon?

Among the big energy stories of 2013, “peak oil” -- the once-popular notion that worldwide oil production would soon reach a maximum level and begin an irreversible decline -- was thoroughly discredited.  The explosive development of shale oil and other unconventional fuels in …

Red Queen Update: In Bakken ND it is now mostly about McKenzie County

In this post I present an update to my previous posts over at The Oil Drum (The Red Queen series) on developments in tight oil production from the Bakken formation in North Dakota with some additional estimates, mainly presented in charts.

US Energy Independence: Another Pipe Dream, Says Analyst

One of Canada's top energy analysts has warned investors and geologists that "the shale revolution" will not meet conventional expectations as a so-called game-changer in energy production.

Peak oil notes - May 16

A mid-week update. While oil prices are little changed this week, there has been considerable news concerning the energy markets. Bad economic reports from Europe, the US, and China have helped keep pressure on the markets and raised fears of lower demand for oil in the months ahead. The …

Commentary: Awash in Misinformation: America's Domestic Tight Oil 'Bump'

On March 4, David Frum, a former special assistant to President George W. Bush, published an article on CNN.com titled "Peak Oil doomsayers proved wrong" in which he not only claimed there was no danger of a shortage of oil, but also that "our oil problem is that we're producing …

The Peak Oil Crisis: Deep in the Heart of Texas

The Association for the Study of Peak Oil recently held its annual conference down in Austin, Texas. The venue for the meeting was right across the street from the University of Texas football stadium which is as close to the heart of Texas as you can get. This year the conference focused on …

IEA oil forecast unrealistically high; misses diminishing returns

The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become the world’s largest oil producer by 2020, and will become a net oil exporter by 2030.

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