Sign into your Analytics account Sign in
ShaleProfile
  • Products
  • About Us
  • Supply Projection
  • Blog
  • Support
    • Getting Started Videos
    • Reports
    • Webinar
    • Use Cases
  • FAQs
  • Contact
Book a demo
  • North Dakota
  • Jun 09, 2020
  • 3 mins read

North Dakota – update through April 2020

North Dakota – update through April 2020

  • By: Enno Peters
  • Published: Jun 09, 2020
 
 

Receive latest updates on the shale industry into your inbox.

Sign up today for free and get a weekly email with news and insights on important developments in one or two of the major tight oil & gas basins.
  • This field is for validation purposes and should be left unchanged.

Icon This is an older blog post, you will find one on more recent data here

These interactive presentations contain the latest oil & gas production data from all 15,995 horizontal wells in North Dakota that started production from 2005 onward, through April.

Total production

North Dakota oil production fell by 200 thousand bo/d in April to 1.2 million bo/d, the largest m-o-m decline to date. This was of course all related to the disastrous oil price during the month (WTI at $16) and operators decided to shut in many wells. Still, 54 new wells came online during the month (vs. 108 in March), which simply shows the lag times involved in planning these operations.

Only 46% of these 16 thousand horizontal wells were in production for the full month, a percentage normally closer to 70%.

Supply Projection dashboard

With only 12 rigs drilling horizontal wells (according to the Baker Hughes rig count), our outlook for the state is not optimistic and production may drop by another 50% over time at this level, as you can easily find in our Supply Projection dashboard (select North Dakota in the state filter).

Directional surveys

We recently gathered all the directional surveys for North Dakota and Colorado. These surveys allow us to show the exact position of the wellbore paths and improve our lateral length calculations. See here for example the 234 horizontal wells in the highly productive Antelope field in McKenzie County, with at least 2 years of production history. The map shows in the background the detailed well paths of these and neighboring wells.

Antelope field in McKenzie (from ShaleProfile Analytics)

These wells recovered on average almost 240 thousand barrels of oil in the first 2 years.

Texas is next on our list for these directional surveys! We also plan to include these in our ShaleProfile Data service shortly.

Top operators

Continental Resources was the only major operator that decided to shut in many wells in April and its production dropped by 50 thousand bo/d (“Top operators”).

Advanced Insights

The ‘Advanced Insights’ presentation is displayed below:

This “Ultimate recovery” overview shows how these horizontal wells are heading towards their ultimate recovery. They are grouped by the year in which production started.

Finally

Our Supply Projection dashboard is updated every day, but especially on Friday when the new rig data becomes available.

[Update] On Friday we plan a new post on the Permian.

Sources

For these presentations, I used data gathered from the following sources:

  • DMR of North Dakota. These presentations only show the production from horizontal wells; a small amount (about 40 kbo/d) is produced from conventional vertical wells.
  • FracFocus.org
Brief manual

The above presentations have many interactive features:

  • You can click through the blocks on the top to see the slides.
  • Each slide has filters that can be set, e.g. to select individual or groups of operators. You can first click “all” to deselect all items. You have to click the “apply” button at the bottom to enforce the changes. After that, click anywhere on the presentation.
  • Tooltips are shown by just hovering the mouse over parts of the presentation.
  • You can move the map around, and zoom in/out.
  • By clicking on the legend you can highlight selected items.
  • Note that filters have to be set for each tab separately.
  • The operator who currently owns the well is designated by “operator (current)”. The operator who operated a well in a past month is designated by “operator (actual)”. This distinction is useful when the ownership of a well changed over time.
  • If you have any questions on how to use the interactivity, or how to analyze specific questions, please don’t hesitate to ask.
Enno Peters

Background in AI, worked on developing Supply Chain Planning & Optimization solutions for Quintiq, setting up its business in China. Focus on company direction and the technical development of ShaleProfile’s platform.

Author
Enno Peters

Background in AI, worked on developing Supply Chain Planning & Optimization solutions for Quintiq, setting up its business in China. Focus on company direction and the technical development of ShaleProfile's platform.

Comments (3)

  1. Pedram Mahzari

    Jun 10, 2020

    Hi there,

    Really helpful information presented here on your website. I wondered if you have had access to well-head pressure or bottom-hole pressure of the wells.

    Reply
  2. Enno Peters

    Jun 10, 2020

    Thank you for your comment Pedram.

    At this moment we did not yet start to collect this data, but we noticed that it is available for at least some states that we cover (although probably limited to certain events like during well completions or tests). We would then make it available as part of our data subscription. If you would be interested in that, please let me know and we may give it higher priority.

    Reply
  3. shallow sand

    Jun 15, 2020

    I see there are 13 rigs active on the ND state site and this has been the case for awhile. One appears to be for a salt water disposal well, one appears to be for a gas storage well and QEP has a rig which shows a start date of 2/24/20. Anyone know why a rig would be active on one well for so long?

    Reply

Post a Comment

Latest Posts

North Dakota – update through February 2022

  • April 15, 2022
  • 3 mins read

US – update through December 2021

  • April 8, 2022
  • 3 mins read

Permian – update through December 2021

  • March 31, 2022
  • 3 mins read

North Dakota – update through January 2022

  • March 18, 2022
  • 3 mins read

US – update through November 2021

  • March 10, 2022
  • 4 mins read

Permian – update through November 2021

  • February 24, 2022
  • 3 mins read

North Dakota – update through December 2021

  • February 18, 2022
  • 3 mins read

US – update through October 2021

  • February 10, 2022
  • 3 mins read

Recent Comments

  • Dennis Coyne on North Dakota – update through February 2022
  • Enno on North Dakota – update through February 2022
  • Dennis Coyne on North Dakota – update through February 2022
  • Mario on North Dakota – update through February 2022
  • shallow sand on Permian – update through December 2021
  • Enno on Permian – update through December 2021
  • shallow sand on Permian – update through December 2021
  • Enno Peters on North Dakota – update through December 2021

Archives

Newsletter

Save time. Receive the latest from our blog in your inbox
  • This field is for validation purposes and should be left unchanged.

Products

  • Professional
  • Ultimate NEW!
  • Data subscription
  • All Dashboards

Support

  • FAQs
  • Resources
  • Insights Reports
  • Press
  • Privacy Policy
  • Switch to ShaleProfile

Career

  • Career Hiring!

Contact

  • Icon support@shaleprofile.com

© 2022. ShaleProfile