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  Quote Stuff 

"We're in a situation now where in a couple of years' time we're going to be very short on supply," Hollub said earlier this month.

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About this statistic, you gotta get your mind right, Luke. 

Tight oil at year end 2023 is only 13 years old. This chart is 14 months old; I now suspect the number is still around 50% but the total number of wells is now 54,000. I operated wells that make 12 BOPD and were...75 years old.

About US PDP reserves, and growth from 2010 onward, all related to tight oil, see above and go to Forum Stuff.

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The materials provided on this site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice.  I may make data related mistakes  occasionally; if you use my opinions about oil reserves or shale well economics for financial purposes, to buy or sell stocks, your nuts. Don't do that. If I have used a photograph incorrectly it was for educational purposes and I have done my best of to give credit where credit is due. My stories are all true, slightly embellished, perhaps, but true; I don't change names to protect the guilty. I am as accurate as possible about history and historical facts; I work very hard at that.All rights are reserved, whatever that means.  Don't blame me,  I didn't do it.   

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