Rising Bakken gas output an opportunity, not a threat
The formation’s gas-to-oil ratio is set to keep rising, but new markets and midstream plans mean infrastructure constraints may not be an issue
Bakken gas production has grown significantly over the past several years despite relatively stagnant oil output from the formation due to a rising gas-to-oil ratio (GOR). “New wells being drilled in the Bakken are not yielding more gas than prior vintages,” Amber McCullagh, vice-president of midstream research at consultancy Rystad Energy, told Petroleum Economist. “On a single-well basis, Bakken gas-oil ratios have been stable over the last 6–8 years, with a new well producing 25—30% as much gas as it does oil in its first year of production.” “However, each individual well, in the Bakken and other plays, sees gas comprise a rising share of its wellhead volumes over time. In the Bakken, wh

Also in this section
20 March 2025
As cash-strapped Western governments commit to substantially raising defence expenditure, a similar dynamic is playing out in Saudi Arabia’s oil and gas sector, as Saudi Aramco maintains it heavy capex push despite reduced revenues
20 March 2025
Tariffs, sanctions and trade conflicts are upending the oil market, impacting crude differentials and shipping rates and creating uncertainty
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
19 March 2025
Iran’s oil is caught in the crosshairs of support from China and Russia and US maximum pressure, with options becoming more and more limited