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Reality Check on U.S. Government Forecasts for a Lasting Tight Oil & Shale Gas Boom

20141022_Hughes_Drilling-Deeper_front-300x264Drilling Deeper: A Reality Check on U.S. Government Forecasts for a Lasting Tight Oil & Shale Gas Boom investigates whether the Department of Energy’s expectation of long-term domestic oil and natural gas abundance is founded. It aims to gauge the likely future of U.S. tight oil and shale gas production based on an in-depth assessment of all drilling and production data from the major shale plays, current through early- to mid-2014. The report determined future production profiles given assumed rates of drilling, average well quality by area, well- and field-decline rates, and the estimated number of available drilling locations.

The report was authored by J. David Hughes on behalf of Post Carbon Institute.

Post Carbon Institute, Oct. 2014

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