Posts by: Enno Peters
Pennsylvania – update through July 2019
Natural gas production from these horizontal wells stayed at 18.3 Bcf/d in June. Similar to previous years, almost no growth was seen in the first 6 months of the year. During this period, 314 wells started production, slightly below the count in the same time frame last year (353).
North Dakota – update through July 2019
Oil production in North Dakota further increased in July, to just over 1.4 million bo/d. Gas production also set a new record, at 3 Bcf/d. Completion activity remained as high as in June, with almost 140 wells coming online.
US – update through May 2019
Oil production from horizontal wells in these states grew to close to 7 million bo/d in May (after upcoming revisions). As is visible in the graph above, the growth rate has significantly fallen since the end of last year.
Eagle Ford – update through May 2019
Oil production has stayed at a level of around 1.3 million bo/d in the first 5 months of this year, after revisions. Although not all well completions are reported yet, so far the number is lower than last year (688 vs. 809 through May).
Permian – update through May 2019
The chart above shows the almost 15-fold increase in oil production from horizontal wells in the Permian, in the last 6.5 years. Preliminary May production came in at just over 3.3 million bo/d, which will probably rise to close to 3.5 million bo/d once all revision data is in. Gas production from these wells is already over 11 Bcf/d (switch ‘Product’ to gas)
Pennsylvania – update through June 2019
Natural gas production from these horizontal wells stayed at 18.3 Bcf/d in June. Similar to previous years, almost no growth was seen in the first 6 months of the year. During this period, 314 wells started production, slightly below the count in the same time frame last year (353).
North Dakota – update through June 2019
Oil production in North Dakota set a new record in June, at 1.425 million bo/d. In the first half of this year, 565 horizontal wells were brought online, 10% more than in the same period last year. Completion activity in June was high, with 135 wells put on production.
US – update through April 2019
Oil production from horizontal wells in these states grew to close to 7 million bo/d in April (after upcoming revisions), setting a new record. That would represent a y-o-y growth of 1.3 million bo/d, but the rate at which production is increasing has slowed down since the end of last year.
Colorado & Wyoming – update through April 2019
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 October. Oil production in these 2 states set a new high in October, at just over 550 thousand bo/d. Gas production also came in at a record level, at close to 3 Bcf/d.
Eagle Ford – update through April 2019
April oil production came in at about 1.3 million bo/d, unchanged from a month earlier and just a few percent higher than a year ago. Natural gas production hovers still around 6 Bcf/d (switch ‘Product’ to ‘gas’). Production from the ~2,500 horizontal wells that began operations in 2018 and in the first 4 months of this year (represented by the light and dark blue areas) contributed 54% of oil production, and 45% of gas production in April.
