2015 Michigan petroleum production numbers are approximately 98% reported as of today. RMP has always focused on the numbers as they are often greater than adjectives. Opinions are overrated. People want to hear the numbers and then decide for themselves. This is RMP’s fifth year studying, parsing, organizing, compiling, and reporting numbers related to Michigan petroleum production. The information RMP publishes will always be free access to the public. RMP has always followed three fundamental tenets as a research and reporting philosophy:
- It’s all about the rock. Always respect the geology.
- Follow the money. Money talks.
- Follow the wastewater. Waste means inefficiency and problems. Inefficiency and problems mean additional costs. With regard to costs, see point #2.
Following the money has proven to be difficult because of the voluminous and Continue reading Michigan Oil & Gas Production Report January – December 2015