Director's Cut With July, 2016, Data -- September 16, 2016

Link here. Lots of new federal rules, proposed and existing. Bismarck Tribune story here.

Reminder: this is always done quickly; there may be typographical and factual errors. If this information is important to you, go to the source.

Crude oil production:

• July: 1,029,507 bopd
• June: 1,027,131 bopd
• Delta: 2,376 bopd
• Delta: 0.2 percent

% Producing wells:

• July: 13,255 (preliminary, all-time high)
• June: 13,248

Crude oil production / well:

• July: 77.7
• June: 77.5
• For newbies: at the height of the boom, production per well in North Dakota had approached 100 bbls/day; unfettered, wells can easily move back to 100+ bbls/day; this gives one an idea of how much wells have been choked back or take off-line periodically.

Permitting:

• August: 99
• July: 86
• June: 65

Pricing:

• Today: $32.00
• August: $33.73
• July: $35.57
• June: $38.75
• May: $33.74

Well completions:

• July: 41
• June: 44
• May: 45
• In August, 2016, 26 wells came off the confidential list.

DUCs:

• Today: 912
• End of July: 887
• End of June: 931

Inactive well count:

• Today: 1,472
• End of July: 1,486
• End of June: 1,584

Percentage of gas flared: increased to 10.5% from 9.8% the previous month

• Target: 91% capture rate by November 1, 2020
• Tioga gas plant still at only 82% capacity
• gas gathering project south of Lake Sakakawea now estimated completion in January, 2017 -- not long from now -- but huge bureaucratic delay