Director's Cut -- September, 2019 -- Data -- Posted

This may be the big story coming out of the Director's Cut for September, 2019, data: the number of wells off line for operational reasons (DUCs and "inactive" wells):

• Wells that were off line, at the end of September, 2019: 3,020 -- this may be an all-time high since this data was first reported for the Bakken; this is amazing; due to a very, very wet September; wettest on record, some say

• DUCs: 916 (down 14 from the 930 in August)
• inactive well count: 2,104 (up 429 from 1,675 in August)
• wells off line for operational reasons are tracked here; 

 This was posted 24 hours after I posted the Director's Cut:

Again, see disclaimer below.

Link here.

NDIC Director's Cuts are posted here. 

The Director's Cut

Data For September, 2019 

North Dakota Oil and Natural Gas Production

Disclaimer: usual disclaimer applies. As usual, this is done very, very quickly. It is not proofread. There will be factual and typographical errors on this page. If this is important to you, go to the source.

A huge, huge "thank you" to Lynn Helms and his staff at the NDIC getting this information out in a timely and transparent manner. I am not aware of any other state that does such a good job providing such data. 

Crude oil production:

• September, 2019, forecast: 1,409,785 bopd
• September, 2019, preliminary: 1,443,275 bopd
• revenue forecast: 1,400,000 bopd
• August, 2019, final, 1,480,475
• July, 2019, final: 1,445,934 bopd
• June, 2019, final: 1,425,230 bopd (previous all-time high)
• month-over-month: a decrease of 37,000 bopd(September-August)
• month-over-month: a decrease of 2.5% (September-August)

Gas production:

• September, 2019, forecast: 3,040,100 MCF/day
• September, 2019, preliminary: 2,947,469 MCF/day
• 81% capture
• August , 2019, final: 3,014,419 MCF/day -- an all-time high
• July, 2019, final: 2,944,816 MCF/day
• June, 2019, final: 2,885,293 MCF/day

BOE, September, preliminary:

• natural gas:  2,947,469 MCF/day = 491,163 boe
• crude oil: 1,443,275 bopd
• total boe, preliminary for September, 2019: 1,934,438 boepd
• total boe for August, 2019: 1,982,794 boepd 
• month-over-month increase/decrease: 48,356 boe
• month-over-month: a decrease of 2.4%

Producing wells:

• September, 2019, preliminary:
• August, 2019, final: (all-time high was 15,954, July 2019)
• July, 2019, preliminary: 15,954 (another new all-time high)
• June, 2019, 15,752

Permitting:

• October, 2019: 126
• September, 2019: 92
• August, 2019: 127
• July, 2019: 141
• June, 2019: 127

Rig count:

• Today: 55 (all-time high was 218 on 5/29/12)
• October: 59
• September: 61
• August: 62
• July: 57
• June: 63

Fort Berthold Reservation data partitioned out.

Completions:

• September, 2019, preliminary: 94
• revenue forecast: 90
• August, 2019, final: 102
• July, 2019, final: 137
• June, 2019, 102 (revised, last month's report); revised again, now, 123
• May, 2019, 113 (final)

Gas capture:

• statewide, captured: 82% (81% reported last month)
• statewide, captured: 
• September, 2019: 2,429,154 MCF/day (preliminary)
• previous all time high was May, 2019: 2,287,761 MCF/day
• FBIR Bakken:
  September, 2019, captured: 79% (75% reported last month)

Off line, to end of September, 2019: 3,020 -- this may be an all-time high since this data was first reported for the Bakken; this is amazing; due to a very, very wet September; wettest on record, some say

• DUCs: 916 (down 14 from the 930 in August)
• inactive well count: 2,104 (up 429 from 1,675 in August)
• wells off line for operational reasons are tracked here;