re: Ran across this image, is it true, or is it Big Oil propaganda?

I work out there on a drilling rig and I can tell you this. Yes lots of oil and still lots left to get. However, it’s getting more and more challenging and expensive to get to it due to the injection wells. When you produce oil, water comes with it. They have to do something with the water so they inject it shallower than the production shale. So while they are drilling if there is an injection well near by it can be very challenging. In most cases it forces them to run an additional string of casing which increases costs. There is probably another 2-3 years of decent drilling left before there is just too many injection wells.