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