Friday, February 12, 2021

Director's Cut -- Data For December, 2020

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.  

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

Crude price (ND light sweet):

  • today: $48.25
  • January, 2021: $41.77
  • December, 2020: $37.70
  • November, 2020: 33.22

Crude oil production:

  • December: 1,192,145 (preliminary)
  • November: 1,224,540 (preliminary); 1,227,138 bopd (final)
  • October: 1,222,871 bopd (preliminary); 1,231,048 bopd (final)
  • delta:  -34,993 bopd (inconsequential in big scheme of things)
  • delta:  -2.9%

Natural gas production:

  • December: 2,892,908 (preliminary)
  • November: 2,887,402 (preliminary); 2,890,376 MCF/day (final)
  • October: 2,873,654 MCF/day (preliminary); 2,881,717 (final)
  • delta: 2,532 boepd
  • delta: 0.00%

Natural gas capture:

  • December, 94%
  • November, 93%
  • October, 93%

Rig count:

  • today: 15 (no SWD or CS rigs)
  • January: 12 (but may include CS and SWD)
  • December: 14 (but may include CS and SWD)
  • October: 14 (ditto)

Wells

  • January:
    • permitted: 49
    • completed: 59
  • December:
    • permitted: 66
    • completed: 44
    • inactivity: 2,687
    • DUCs: 668
    • total off line for operational reasons: 3,355
    • producing: 15,798 (preliminary)
  • 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:

  • January, 2021: 49
  • December: 66
  • November: 52
  • October: 74
  • September: 51

Wells, completed:

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

Wells, inactive:

  • December: 2,687
  • November: 2,870
  • October: 2,934
  • September: 3,749

Wells, waiting on completion (DUCs):

  • December: 668
  • November: 710
  • October: 724
  • September: 793

Wells, producing

  • December: 15,798 (preliminary)
  • November: 15,601 (preliminary); 15,620 (revised)
  • 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; then 7 with the CARES incentive (last month) and now 6 with most recent report.

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

2 comments:

  1. Video still not up. That new girl is so slack. Total "old news" to get the video several days later.

    ReplyDelete
    Replies
    1. If not up in another hour or so, I wouldn't expect to see it until Tuesday, next week. At the earliest.

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