SRSROCO ON THE WOLFCAMP

wolfcamp

“Yes, the magic words; ‘technically recoverable’. I wonder how much ‘technically recoverable’ oil is on Mars? There may be a lot, but oil that will ever see the surface of the Martian landscape is a different matter. Those would be reserves, and at $45/ barrel there is exactly zero. The same that can be said for the Wolfcamp.”

https://srsroccoreport.com/the-hills-group-response-to-the-usgs-wolfcamp-shale-20-billion-barrel-deposit/

If you are interested in checking out The Hill’s Group Report 67 page report: http://thehillsgroup.org/depletion2_015.htm

Even Industry news outlet http://www.ogj.com was quiet surprised about the news coverage on the Wolfcamp and stated: “Texas can’t ‘swim’ in oil that hasn’t yet been
discovered“…

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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

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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?

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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

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:

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