Outrun Change

We need to learn quickly to keep up with the massive change around us so we don't get run over. We need to outrun change.

Another forecast – Bakken and Eagle Ford fields each to hit 1.3M bopd by 2020

Wood Mackenzie, an energy consulting firm, has a prediction for tight oil production in the U.S.

They are predicting 1.3 million barrels of oil per day (bopd) in each of the fields by the end of the decade. That would be about doubling production from current levels.

Reading the full article requires a subscription to Petroleum Economist.

They also predict that Bakken production will hit 750K bopd by the end of 2012.

With June production at 660k bopd and increases of around 20k or 30k bopd each month, I don’t think it will take until the end of the year to hit 750k.

(h/t: BakkenBlog News twitter feed)

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