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Thursday, October 10, 2013

By The Numbers

BY THE NUMBERS
December 6, 2014

Previous update: October 8, 2014

Rigs:
  • Active Rigs in ND: 190 (high: 218)
  • Post-Record Low: 174
WTI oil: too low -- I don't want to look.
Bakken spot
ND production: #2 in USA

Confidential wells, December 5, 2014: 2,302
  • Previous high: 2,287 (September 29, 2014)
  • Previous high: 2,177 (December 20, 2013)
  • Previous high: 2,137 (October 10, 2013; May 19, 2014)
  • July 2012 confidential wells: 151
  • August 2012 confidential wells: 156
  • October 2012: 147
  • November 2012: 181 (record, previous 166)
  • December 2012 : 179
  • January, 2013: 152 --> 154
  • February 2013: 154 --> 175
  • March 2013: 180
  • April 2013: 173
  • May 2013: 168
  • June 2013: 152
  • July 2013: 152
  • August 2013: 158
  • September 2013: 186 (record, previous 181)
  • October 2013: 199 (record, previous 195)
  • November 2013: 153
  • December 2013: 170
  • January 2014: 217 (this might be a record)
  • February 2014: 142
  • March 2014: 190
  • April 2014: 171
  • May 2014: 179
  • June 2014: 160
  • July 2014: 177
  • August 2014: 164
  • September 2014: 173
  • October 2014: 179
  • November 2014: 206
  • December 2014: 207
  • January 2015: 211
  • February 2015: 193
  • March 2015:
Permits:
  • Permits Issued To Date This Year: 3,000 (December 5, 2014)
  • Projected Permits for 2014: 2,964
  • Projected Permits for 2013: 2,296
  • Total permits in 2013: 2,666; ~ 30 cancelled
  • Total Permits in 2012: 2,521; ~ 30 cancelled
  • Total Permits in 2011: 1,926
"Whether or not IPs are exaggerated, all things being equal I would prefer my well to have an IP of 5,133 boepd rather than zer0 boepd." -- Mark Twain

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