Re-posting, but this time, look at the increase in natural gas production, per day, per average rig, in the three super-duper shale oil fields in North America. Look at "gas" in the three fields.
EIA dashboards, March, 2020, vs February, 2020:
- natural gas storage
- EIA pdf, Bakken: https://www.eia.gov/petroleum/drilling/pdf/bakken.pdf
- EIA, pdf, Permian: https://www.eia.gov/petroleum/drilling/pdf/permian.pdf
- EIA, pdf, Eagle Ford: https://www.eia.gov/petroleum/drilling/pdf/eagleford.pdf
Look at the crude oil production/well in the various fields?
- Change in production, month-over-month, from one average rig:
- Bakken: an incredible jump of 31 bbls/day/rig; month-over-month; and that was top of an already-high monthly production --perhaps this is why CLR is "damn the torpedoes, full speed ahead"
- Permian: in comparison, despite low figures to begin with, the Permian saw a change of only two (2) bbls/day/rig, month-over-month;
- Eagle Ford: similar profile to the Bakken, but lagging slightly