BAKKEN SHALE

摘要

The prolific oil play in the Bak-ken Shale has experienced one of the larger falls from grace in the industry over the course of the now two-year slump in commodity prices, where oil fell to below $30 per barrel (bbl) in early 2016. While drilling activity has been dropping substantially since early 2015, production has seen a less drastic, steady decline of approximately 200,000 barrels of oil equivalent per day (boe/d) throughout 2016, with average total Bakken production slumping to 1,200 Mboe/d. At press time, Bakken output was 972 Mboe/d. Sinking legacy production, coupled with fewer new wells coming online, accounts for the declines the play experienced in 2016.