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Friday, August 14, 2020

Director's Cut Posted -- North Dakota -- June, 2020, Data

The Director's Cut
Data For June, 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

Selected data points:

  • crude oil production: 890,109 bopd
  • price, crude oil:
    • today: $33
    • July: $31.75
    • June: $32.35
    • May: $7.92
  • natural gas production: 1,973,289 MCF/day
  • wells, permitted --
    • May: 59
    • June: 72
    • July: 92
  • wells, completed --
    • April: 58 (final)
    • May: 12 (revised)
    • June: (37 (preliminary)
  • wells, inactive --
    • May: 6,109
    • June, 4,214
  • wells, waiting on completion (DUCs) --
    • May: 952
    • June, 899 
  • wells, total off line for operational reasons: 5,113 (see this  link)
  • narrative, drilling and completions activity:
    • The drilling rig count was stable in the mid 50’s second half of 2019 through March 2020. trilling rig count is down 82% January to June of 2020.
    • the number of well completions has been very volatile since March as the number of active completion crews decreased from 25 to 1-3.
    • drilling permit activity is slower, but has held up through the oil price collapse. Operators are still attempting to maintain a permit inventory of approximately 12 months and some experienced drilling rig and completion crews.
  • Gas capture:
    • statewide: 89%
    • statewide, Bakken: 90%
    • FBIR Bakken: 85%
  • Comments:
    • if there were comments on DAPL and the MPC pipeline supplying the Mandan refinery, I missed them

2 comments:

  1. No webinar. I hate when we get that thing 3 days later. News cycle is short. And it's a bummer for the color to be so much later. Few years ago, the previous girl would always have it uploaded the same day.

    ReplyDelete
    Replies
    1. There are a lot of typographical errors on the daily activity reports also for the past several months.

      Delete

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