Director's Cut -- May, 2020, Data -- Crude Oil Drops Below 900K BOPD

The Director's Cut

Data For May, 2020

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.

Link here.

Link here to past reports.

DUCs and wells off-line for operational reasons are tracked here.

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:

• May, 2020, preliminary: 858,395 bopd
• April, 2020, final: 1,221,019 bopd

Gas production:

• May, 2020, preliminary: 59,778,353 MCF production; 88% captured
• April, 2020, final: 81,355,528 MCF production; 88% captured

BOE:

• May, preliminary: 868,356 boepd
• April: 1,234,576 boepd

Producing wells:

• May, preliminary: 12,809; 88% middle Bakken and Three Forks; 12% from legacy conventional pools
• April, final: 15,474; 

Wells off-line:

• May, 2020: when I went through the May, 2020, data (as it was released in early July), it was very, very obvious that ND Bakken operators shut in their wells in May, not April).
• May, 2020, preliminary:
• inactive: 6,108
• DUCs: 952 
• total: 7,060
• April, 2020, final:
• inactive: 2,168
• DUCs: 944
• total: 3,112 (for all that talk about all the wells coming off line, that does not appear to be true in the Bakken; operators simply drilled fewer wells)

Permitting:

• June, 2020: 72 drilling
• May, 2020: 59 drilling
• April, 2020: 62 drilling

Rig count:

• Today: 10
• June, 2020: 12
• May, 2020: 17
• April, 2020: 35

Completions:

• May, 2020: 12 (preliminary)
• April, 2020: 58 (revised)
• March, 2020: 120 (final)