Monday, January 7, 2019

Animated Average Daily Temperature For The US At The EIA Natural Gas Dashboard

A reminder: the EIA natural gas storage "dashboard" has an animated "average daily temperature" map of the US. Really clever. Link here. At the site, click on "daily animation."

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The Amazing Bakken
A 22% Increase 
In Rig Efficiency/Completion Strategy Year-Over-Year

Shale oil operators have a problem -- WSJ. Maybe outside the Bakken they have a problem, but the Bakken doesn't have a problem.

In the graphic below:
  • Bakken efficiency almost 3x that of the Permian (1,600 vs 600).
  • Bakken percentage increase, year-over-year double that of the increase in the Eagle Ford, y-o-y.
Link here.


And looking at the initial production numbers for wells coming off the confidential list this week, the Bakken numbers might even be better than the estimates as shown above.

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