Eagle Ford Monthly Update
Eagle Ford – update through November 2018
Oil production in the Eagle Ford during 2018 stayed within a few percents of the 1.3 million bo/d level set in December 2017, and I expect that to hold also after upcoming upward revisions. Through November, operators completed 10% more wells than in the same period in 2017.
Eagle Ford – update through October 2018
Oil production increased slightly in the Eagle Ford in 2018, as operators completed ~10% more wells than in 2017, based on preliminary data. Once revision data is in, I expect that October production will be close to 1.3 million bo/d. Gas production from these wells is good for almost 6 Bcf/d (toggle ‘Product’ to gas to see this).
Eagle Ford – update through September 2018
Although from the above graph it appears that oil production in the Eagle Ford has moved sideways in 2018, due to the typical reporting lag in Texas, I expect to see that after revisions production from horizontal wells will come in at 1.3 – 1.4 million bo/d in September. That would be highest level in the past 2.5 years, but still well below the 2015 peak.
Eagle Ford – update through August 2018
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.
Eagle Ford – update through July 2018
In July 228 horizontal wells started production in the Eagle Ford, the highest number in more than 3 years. Although the graph above shows a dip in production in July, this is partially because of reporting lag, and I expect that when these wells have a full month on production in August total output will show a bump.
Eagle Ford – update through June 2018
Despite minor improvements in well productivity, production growth in the Eagle Ford is lower than seen in the other oily shale basins. See our latest post on the most recent data.
Eagle Ford – update through May 2018
Despite minor improvements in well productivity, production growth in the Eagle Ford is lower than seen in the other oily shale basins. See our latest post on the most recent data.
Eagle Ford – update through April 2018
Despite minor improvements in well productivity, production growth in the Eagle Ford is lower than seen in the other oily shale basins. See our latest post on the most recent data.
Eagle Ford – update through March 2018
Despite minor improvements in well productivity, production growth in the Eagle Ford is lower than seen in the other oily shale basins. See our latest post on the most recent data.
Eagle Ford – update through February 2018
This interactive presentation contains the latest oil & gas production data through January 2018 from 20,465 horizontal wells in the Eagle Ford region (TRRC districts 1-4), that started producing since 2010. With more production data…
