North Dakota’s Bakken shale “holding back” U.S. oil production

February 23, 2023/in /by Rudolf Huber

But the Permian still grows and will continue to do so. As I have said in an article years ago, easy oil and gas is over. Sure, there will still be easy oil and gas fields out there but there won’t be enough of them anymore to cover the planet’s thirst for Oil & Gas. And don’t expect the planet to cut back on those commodities any time soon. Climate Alarmism has peaked and is on its retrenchment battle. This means for Oil and Gas that it needs something that can be optimized. Rather than spending big money on one-of-a-kind exotic O&G fields, squeezing the lemon in shale might come in cheaper and with less risk attached to it over the longer run.

Mature wells that are producing more gas than expected are hurting crude output from the Bakken, the Energy Information Administration said.

worldoil.com

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I met Rudolf at the beginning of 2011, since we were both involved and working together within several European / Scandinavian projects for the development of technology, standardisation and legal aspect in the use of LNG as marine fuel and along its supply chain. Rudolf has vast expertise in, and perspective on, different aspects of LNG technologies, suppliers, infrastructures and supply chain options. He is able to provide a deep understanding and insight into these areas and is a conscientious and diligent source. Moreover, he is a tremendous visionary on the geopolitical, trading and technology aspects of energy, with a special remark for LNG traditional and small / mid magnitude chain. Rudolf has very proactive personal and working approach and is an excellent team worker and leader. Not least, he has a unique persuasive way of writing, negotiating and delivering speeches. I would certainly recommend him as an excellent expert and believe he would be a powerful asset for any company actively working in Oil and Gas. Thank you Rudolf! Marco

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