Drilling Deeper report reviewed in the Tyee
November 1, 2014
Post Carbon Institute’s latest report by David Hughes Drilling Deeper: A Reality Check on US Government Forecasts For a Lasting Tight Oil and Shale Gas Boom was reviewed by Andrew Nikiforuk at the Tyee.
From the article:
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“Drilling Deeper,” a massive, 300-page report by energy analyst and B.C. resident David Hughes, finds the boom in tight oil and shale gas plays in the United States will not last long, nor deliver energy independence to that country.
Using real well data, Hughes, one of the continent’s most highly cited energy thinkers as a fellow of the Post Carbon Institute and author of several high profile studies, estimates that U.S. tight oil production from seven plays such as the Bakken and Eagle Ford will peak by 2020 and never attain production targets forecasted by government agencies, such as the Energy Information Administration.