The Supply Projection dashboard shows the future of US tight oil & gas based on how one expects that the rig count & rig/well productivity will evolve.
This dashboard aims to answer the following question: based on the latest production and rig data, how much tight oil & gas will be supplied in the coming months and years? We continuously update rig and production data and the type curves associated with each county and year.
This is especially of importance to the management of operators & service companies and to oil & gas traders.
By default the model shows what would happen if nothing changes (rig count & productdivity stay the same). The results can be analyzed for each basin & county.
Use case: How would the tight oil & gas outlook change if the rig count increases by 2% a month from Jan. 2021 through the end of 2022.
On the right hand side we can define the values of several parameters for 3 different periods. We leave the values for the first period as they are, as we only expect a change from Jan 2021.
We set the start of the second period to Jan 2021, and set the monthly change in rigs to 2%
We can end this period by setting the start of a 3rd period to Jan 2023.
Instructions Window
We are now done, and we can use the different charts and filters now to examine how this has changed the outlook
The Supply Projection Dashboard
You will note the increase in rig count in 2021 & 2022. The model has automatically deduced the number of extra well completions that these rigs would be able to drill and the type curves associated with those wells.
In this way you can create and save different scenarios.
This dashboard is part of the Professional version of ShaleProfile Analytics. More information about this service can be found here:
If you want to dive right in and check out this dashboard by yourself first, you can immediately do so with a free 10-day trial account.
