bakkenboomorbust.com - bam-boom-bubble-bust-bump-bang
You Are On Search The Bakken Story Is Good, But It’s Not Ghawar Saudi Arabia Page

Assuming that the total well count for the Bakken is something in the region of 52,000 wells, as suggested by Continental, that means an additional 45,000 wells vs. today.
At the current 2,000 wells a year that’s going to take around 22 years to drill out.
To increase production well above 1 million barrels something like double the number of wells might need to be drilled, every year.

 Note that when drilling finally reaches capacity and is unable to continue then there will be no new wells to replace  rapidly declining ones,
And in aggregate the whole “field” will effectively shut off in just a few years.  Drilling twice as fast today halves the life of the “field”. 
For comparison, peak production at Ghawar was 5.7 million barrels per day in 1981.  Today it still produces around  5 million barrels per day, with
about 3500 wells
Ghawar - The Grand Daddy Of Oil Production

Saudi Arabia Considers Taking Saudi Aramco Public - IPO - 01/07/2016

Twilight In The Desert - Matt Simmons Foretold In 2004

The Breaking Point - Peter Maass - The Violent Twilight Of Oil 2005

Ghawar Field - On Wikpedia

Saudi Aramco - On Wikipedia

Saudi Arabia - Standard Oil - 1948 Trans Arabian Pipeline - 1950

“No such galaxy of fields of the first magnitude over such a wide area has been developed in the history of the oil industry.”
- Everette Lee DeGolyer, Oil in the Near East, 10 May 1940, Texas

Everette Lee DeGolyer

Bakken To Top 1 Million Barrels



Satellite Over The Desert - Ghawar Field

Saudi - Closer Look 2014

SA Production Facilities

Saudi Aramco


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Search Manifa Field

By the time Manifa is fully operational in December 2014, the field will be expected to produce 900,000 barrels per day (bpd)
  of Arabian Heavy crude oil, 90 million standard cubic feet per day of sour gas, and 65,000 bpd of hydrocarbon condensate.

 

“No such galaxy of fields of the first magnitude over such a wide area has been developed in the history of the oil industry.”
- Everette Lee DeGolyer, Oil in the Near East, 10 May 1940, Texas
Why So Much Oil In The Middle East How Much Oil In The Middle East

Qatif Production Facility Being Built - Completed In 2004 - 800,000 bbls a day

According to the press release from Chicago Iron & Bridge Qatif was constructed for $1.1 billion

GOSP Was Built By CB&I Chicago


2015 - 2016 - Sadara Comes Online
A Joint Venture Between Saudi Aramco & DOW Chemical
Sadara will be the world’s largest integrated chemicals complex ever built in a single phase,
With the production capacity to produce more than 3 million tons of diversified chemicals and plastics per year.


Sadara



Sadara Chemical Complex

Sadara Chemical Complex - Images

Jubail City

Dow & DuPont To Merge


Sadara Slide Show & Job Openings






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