Jean Laherrere uses Hubbert linearization to estimate Bakken shale oil peak in 2014

By Matt Mushalik, originally published by Crude Oil Peak

February 3, 2014

In his latest research on shale oil French oil geologist Jean Laherrere from ASPO France

http://aspofrance.viabloga.com/texts/documents estimates a Bakken shale oil peak in 2014.
 
 
He uses a Hubbert linearization to calculate a total of 2,500 mb to be produced
 
 
In global terms, a total cumulative of 2.5 Gb is just around 10% of annual crude production and 1.3% of daily production.
 
 
Well productivity in Bakken is stagnant at around 130 b/d for a couple of years now.
 
 
There has been a peak in the number of drilling rigs. A shift of the rigs curve by 2 years suggests a production peak in 2014.
Jean’s research is in line with that published by David Hughes in November 2013:
 
 
 

 

Matt Mushalik

Matt Mushalik, is a CPEng (Chartered Professional Engineer) and runs the blog Crude Oil Peak.

Tags: Bakken, Bakken shale play, peak oil, tight oil

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