Dr. Frackenstein – The Bakken Is Dead, Long Live The Bakken

from Financial Survival Network

After a long hiatus Dr. Frackenstein joined us for an exclusive interview about the real state of the oil industry and fracking. Contrary to popular opinion, The Bakken Formation in North Dakota has not yet peaked. In fact, due to new technology, production will continue to increase as will the oil well lifespan. The key is the next generation of ceramic proppants. One currently being produced by China increases well production by 30 percent and dramatically extends well life. The next generation of super proppants will blow those numbers away. We also discussed another emerging shale play in Oklahoma known as The Scoop, which promises to be at least as large as the Bakkan, with much better infrastructure and economics. So yes Martha, there’s much further to go in America’s energy boom.

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