Tuesday, July 16, 2019

Director's Cut Released -- North Dakota Crude Oil Production Up Slightly -- July 16, 2019

For flaring data, see this post.

Over at twitter it's being reported that North Dakota oil production:
  • May, 2019: 1.393 million bopd
  • April, 2019: 1.392 million bopd
Those numbers, of course, were rounded. The preliminary crude oil production for April, 2019,was:
  • 1,391,188 bopd (preliminary, crude oil production, April, 2019)
If the final number actually hit 1.392 million bopd, we had a huge jump in April. 

I don't yet see the Director's Cut which is slated to be released in about 40 minutes.

With regard to crude oil production, yesterday before the Director's Cut was posted, I wrote this:
  • Crude oil production in March, 2019: 1,391,760 bopd (final) (preliminary was: 1,390,138 bopd, so it's very likely "final" April, 2019, will be closer to 1,392,810 bopd)
The May, 2019, summary:

Crude oil production:
  • May, 2019: 1,393,284 bopd (preliminary)
  • April, 2019: 1,392,485, bopd (final) (see above: I predicted: 1,392,810 -- off by 385 bopd -- whoo-hoo!)
    • April crude oil production "increased" by 2,347 bopd or 0.1688%
Crude oil production:
  • May, 2019 (preliminary): 1,393,284
  • April, 2019 (final): 1,392,485
  • January, 2019, all-time high: 1,403,808 bopd
Delta, crude oil:
  • May, 2019 (preliminary):1,393,284
  • April, 2019 (final): 1,392,485
  • delta, month-over-month, bbls: 799 bopd
  • delta, month-over-month, percent: 0.00%
Natural gas production:
  • May, 2019 (preliminary): 2,821,672 mcfpd
  • April, 2019 (final): 2,833,131 mcfpd (this is now the all-time high)
  • we'll see if that record holds when the "final" figures come out next month
    • to go from 2,821,672 to 2,833,132 mcfpd, is a 0.4% increase
BOE:
  • April, 2019 (final), likely an all-time high: 1,864,595 boe
  • May, 2019 (preliminary): 1,863,484 boe (once the "final" figures are posted a month from now, it's likely we will see a new all-time BOE daily production number;
Producing wells:
  • May, 2019: 15,698 (preliminary, new all-time high)
  • April, 2019: 15,503 
  • March, 2019: 15,353 -- well below the all-time high of 15,409 in January, 2019
  • February, 2019: 15,154
  • January, 2019: 15,409
 Permitting:
  • June: 129
  • May; 140
  • April: 129
  • March: 133 
  • February: 109

3 comments:

  1. I think the webinar takes place before the Cut goes live. Maybe that is where the Twitter info comes from.

    (If you wanted, could probably convince them to add you to webinar. You're actually "media" given blog prominence.)

    Little disappointing with such a meager May. Like to hear the webinar to know why. They have been getting later and later with posting the webinar though.

    ReplyDelete
    Replies
    1. Thank you for your kind words (regarding opportunity to be added to webinar).

      I'm going to post my thoughts on "meager May." When I get that done, I'll add the link here.

      Delete
    2. My thoughts re: "Meager May," at this post:

      https://themilliondollarway.blogspot.com/2019/07/meager-may-july-16-2019.html

      Delete