SRSROCO ON COMPANY DEBT

“Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002. Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored. These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy. Steve considers studying the impacts of EROI one of the most important aspects of his energy research. For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.”

https://srsroccoreport.com

He also wrote a lot of interesting articles on tight oil/gas company debt:

2016 – U.S. SHALE GAS INDUSTRY: Countdown To Disaster

Chesapeake-Energy-Free-Cash-Flow-2006-2015

2017 – THE BLOOD BATH CONTINUES IN THE U.S. MAJOR OIL INDUSTRY

Top-Three-US-Oil-Companies-Net-Income

Top-3-US-Oil-Companies-Free-Cash-Flow-2011-2016-NEW

Top-3-US-Oil-Companies-Long-Term-Debt

SRSROCO ON THE BAKKEN

“Independent researcher Steve St. Angelo (SRSrocco) started to invest in precious metals in 2002. Later on in 2008, he began researching areas of the gold and silver market that, curiously, the majority of the precious metal analyst community have left unexplored. These areas include how energy and the falling EROI – Energy Returned On Invested – stand to impact the mining industry, precious metals, paper assets, and the overall economy. Steve considers studying the impacts of EROI one of the most important aspects of his energy research. For the past several years, he has written scholarly articles in some of the top precious metals and financial websites.”

https://srsroccoreport.com

He wrote a lot of interesting articles on the demise of the Bakken and other tight oil plays in the US:

2013 – The Coming Bust of the Great Bakken Oil Field

Bakken-63000-Oil-Decline-Chart-1

2015 – What Will The Death Of The Great Bakken Oil Field Look Like?

Bakken-Peak-JEAN

2016 – THE DEATH OF THE BAKKEN FIELD HAS BEGUN: Means Big Trouble For The U.S.

Bakken-Oil-Decline-vs-Jean-Laherrere-Forecast

2017 – MEDIA DELUDES AMERICANS: Shale Oil Production Suffers Massive Decline Rates

Eagle-Ford-Bakken-Total-Oil-Production-768x550

ART BERMAN: THE BEGINNING OF THE END FOR THE BAKKEN SHALE PLAY

artberman.com⁄the-beginning-of-the-end-for-the-bakken-shale-play

“It’s the beginning of the end for the Bakken Shale play. The decline in Bakken oil production that started in January 2015 is probably not reversible. New well performance has deteriorated, gas-oil ratios have increased and water cuts are rising. Much of the reservoir energy from gas expansion is depleted and decline rates should accelerate. More drilling may increase daily output for awhile but won’t resolve the underlying problem of poorer well performance and declining per-well reserves.”

http://www.artberman.com/the-beginning-of-the-end-for-the-bakken-shale-play

“The early demise of the Bakken should serve as a warning about the future of other tight oil plays.”

ART BERMAN: SHALE COST REDUCTIONS ARE 10% TECHNOLOGY AND 90% INDUSTRY BUST

artberman.com⁄shale-cost-reductions-are-10-technology-and-90-industry-bust

“I am tired of hearing about the unbelievable impact of technology on collapsing U.S. shale production costs. The truth is that these claims are unbelievable. The savings are real but only about 10% is from advances in technology. About 90% is because the oil industry is in a depression and oil field service companies have slashed prices to survive.”

http://www.artberman.com/shale-cost-reductions-are-10-technology-and-90-industry-bust/

The zerohedge article he responds to can be found here: http://www.zerohedge.com/news/2017-03-21/how-opec-lost-war-against-shale-one-chart .

POSTCARBON’S SHALEBUBBLE.ORG

“Despite recent declines in oil and natural gas production, Americans continue to be told that the United States is destined to have growing supplies of both, thanks to the widespread use of horizontal drilling and hydraulic fracturing (“fracking”). This “shale revolution,” we’re told, will fundamentally change the U.S. energy picture for decades to come—leading to energy independence, a rebirth of U.S. manufacturing, and a surplus supply of both oil and natural gas that can be exported to allies around the world. This promise of oil and natural gas abundance is influencing climate policy, foreign policy, and investments in alternative energy sources. The primary source for these rosy expectations of future production is the U.S. Department of Energy’s Energy Information Administration (EIA).

BUT WHAT IF THE EIA’S FORECASTS ARE WRONG?”

http://shalebubble.org

Download Shalebubble’s reports:

sb-2016-tight-oil-check-thumb sb-2016-shale-gas-check-thumb sb-2015-bakken-check-thumb sb-2015-ef-check-thumb

shale-gas-reality-check-thumb-v2 (1) tight-oil-reality-check-thumb-v2 sb-drill-deeper-thumb sb-drill-ca-thumb3

sb-dbd-thumb sb-nat-gas-report-thumb sb-wall-st-thumb sb-snake-oil-thumb

NEW YORK TIMES – REPORTED ENVIRONMENTAL INCIDENTS IN NORTH DAKOTA’S OIL INDUSTRY

nytimes.com⁄interactive⁄2014⁄11⁄23⁄us⁄north-dakota-spill-database.html“This database is based on incident reports from the North Dakota Health Department’s spills website. It includes incidents at oil production sites as well as what the state calls ‘general incidents’ that occurred during the transportation of oil. Additionally, The Times included five incidents from other sources  —  state enforcement records, lawsuits and federal pipeline incident data.”

https://www.nytimes.com/interactive/2014/11/23/us/north-dakota-spill-database.html

This database contains all reported incidents from Jan. 1, 2006, to Oct. 13, 2014.

http://www.nytimes.com/newsgraphics/2014/09/30/spills-database/assets/masterspills.csv