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Friday, January 15, 2021

Director's Cut Has Been Posted -- November, 2021, Data

Director's Cut: posted, link here.

The usual disclaimer applies: in a long note like this, done quickly, there will be content and typographical errors. If this is important to you, go to the source.  

October, 2020, data. This is all preliminary data for October. When the final number is tallied (next month), it will reveal a slight increase in production month-over-month):

Crude oil production:

  • November: 1,224,540 (preliminary
  • October: 1,222,871 bopd (preliminary); 1,231,048 bopd (final)
  • delta: - 6,508 bopd
  • delta: - 0.53%

Natural gas production:

  • November: 2,887,402 (preliminary)
  • October: 2,873,654 MCF/day (preliminary); 2,881,717 (final)

Natural gas capture:

  • November, 93%
  • October, 93%

Rig count:

  • today: 11 (no SWD or CS rigs)
  • December: 14 (but may include CS and SWD)
  • October: 14 (ditto)

Wells

  • December:
    • permitted: 66
  • November: 
    • permitted: 52
    • completed: 44 (preliminary
    • inactive: 2,870
    • DUCs: 710
    • total off line for operational reasons: 3,580 
    • producing: 15,601 (preliminary)
  • October:
    • permitted: 74
    • completed: 59 (preliminary); 74 (revised)
    • inactive: 2,934
    • DUCs: 724
    • total off line for operational reasons: 3,658
    • producing: 15,512 (preliminary); 15,524 (final)

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Wells

Wells, permitted:

  • December: 66
  • November: 52
  • October: 74
  • September: 51

Wells, completed:

  • November: 44 (preliminary)
  • October: 59 (preliminary); 74 (revised)
  • September: 76 (revised); 54 (final)
  • August: 66 (final)

Wells, inactive:

  • November: 2,870
  • October: 2,934
  • September: 3,749

Wells, waiting on completion (DUCs):

  • November: 710
  • October: 724
  • September: 793

Wells, producing

  • November: 15,601 (preliminary)
  • October: 15,512 (preliminary); 15,524 (revised)
  • September: 15,389

Fracking: the number of well completions has been very volatile since March (2020) as the number of active completion crews decreased from 25 to 1 and now 7 with the CARES incentive.

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

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