2016 Tight Oil Reality Check
December 12, 2016
In this update to Drilling Deeper and Tight Oil Reality Check (2015), David Hughes applies the same scrutiny he has in his past groundbreaking reports to the U.S. Department of Energy’s Energy Information Administration (EIA) newly released Annual Energy Outlook 2016 (AEO2016).
2016 Tight Oil Reality Check: Revisiting the U.S. Department of Energy Play-by-Play Forecasts through 2040 from Annual Energy Outlook 2016 explores how the EIA’s projections and assumptions regarding tight oil have changed over the last two years, and assesses the AEO2016 against both Drilling Deeper and up-to-date production data from key tight oil plays.