Oil production from horizontal wells in these states grew by almost 2 million bo/d in the 2 years through August. This growth rate was similar as in the boom years of 2013-14. The Permian was responsible for most of this gain, which you'll see if you show the production data by 'Basin' (using the 'Show production by' selection).

Oil production in the Permian from horizontal wells has continued to rise at an astonishing pace, adding about 1 million bo/d in production capacity in the 12 months through August, to about 2.7 million bo/d (with upward revisions coming). The main driver behind this growth is the high level of completion activity; so far more than 2,800 horizontal wells have been completed this year, double the level of just 2 years ago, and 40% higher than last year.

Since the low point two years ago, oil production in the Eagle Ford has kept growing. I expect that after revisions August production will eventually come in at around 1.3 million bo/d (~100 kbo/d higher than shown now). Natural gas production follows a very similar pattern. If you switch 'Product' to gas, you'll find that in 2018 total gas production was just below 6 Bcf/d.

These interactive presentations contain the latest oil & gas production data, from all 9,508 horizontal wells that started production in Colorado and Wyoming since 2009/2010, through September. Since the last post, we've also added several other regions in these 2 states, and they are included here. In August a new record was set, at over 0.5 million bo/d. After revisions are in I believe September will show a higher level again. Weld County produces about 75% of this output (group production by 'County' to see this).

Gas production from horizontal wells came in higher again in September, at 17.4 Bcf/d. Output has grown by more than 10% in the 4 preceding months, driven mostly by an increase in well completions; In both August and September, 107 wells started production, the highest since the end of 2014.

Oil production in North Dakota jumped to 1,359 kbo/d in September, a month-on-month increase of more than 5%, which again set a new record. Just over 150 wells were brought into production, the highest number in more than 3 years. The year-to-date number of new producers is now almost the same as for the full 2017 (933 vs. 992).