Delaware Basin Adds To Oil Glut -- Filloon -- November 27, 2016

Bakken update, part 4: Delaware Basin production adds to oil glut; basin production increases 52.5% per well in 2015, over at SeekingAlpha:

• the Bakken, Eagle Ford, Delaware and Midland have all shown a very large increase in production per well for 2015
• production per well improvements can be attributed to high-grading, but well design to a higher degree
• the increased production per well has helped to offset the decline in completions, and the reason US production remains higher than analyst expectations.

Active rigs:

	11/27/2016	11/27/2015	11/27/2014	11/27/2013	11/27/2012
Active Rigs	37	64	183	191	185

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