Director's Cut -- Data For February, 2021

Director's Cut: posted, link here. The Director's Cuts are tracked 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.  

February, 2021, data. This is all preliminary data for January, 2021. 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: $56.75
• March, 2021: $54.38
  
• February, 2021: $49.13
  
• January, 2021: $41.77
• December, 2020: $37.70
• November, 2020: 33.22

Crude oil production:

• February, 2021: 1,083,020 bopd (prliminary)
  
• January, 2021: 1,147,374 (preliminary); 1,147,377 (final)
  
• December: 1,192,145 (preliminary); 1,191,429 bopd (final)
  
• November: 1,224,540 (preliminary); 1,227,138 bopd (final)
  
• October: 1,222,871 bopd (preliminary); 1,231,048 bopd (final)
  
• delta:  -64,357 bopd (this is interesting
  
• delta:  -5.6%
  

Natural gas production:

• February, 2021: 2,703,948 MCF (preliminary)
• January, 2021: 2,847,719 MCF (preliminary); 2,849,283 MCF / day (final)
  
• December: 2,892,908 (preliminary); 2,888,626 MCF / day (final)
  
• November: 2,887,402 (preliminary); 2,890,376 MCF/day (final)
  
• October: 2,873,654 MCF/day (preliminary); 2,881,717 (final)
• delta: -145,335 MCF / day (-24,218 boepd)
  
• delta: -5.1%
  

Natural gas capture:

• February, 2021: 92%
  
• January, 2021: 94%
• December, 94%
• November, 93%
• October, 93%

Rig count:

• today: 17 (no SWD or CS rigs)
• March, 2021: 15
  
• February, 2021: 15 (but may include CS and SWD)
• January: 12 (but may include CS and SWD)
• December: 14 (but may include CS and SWD)
• October: 14 (ditto)

Wells

• March
• permitted: 55
• completed: 43 (preliminary)
  
• February:
• permitted: 72
• completed: 32 (revised)
• inactive: 2,568
• DUCs: 662
• total off line for operational reasons: 3,230
• producing: 15,773 (preliminary)
  
• January:
• permitted: 66
• completed: 59 (revised)
• inactive: 2,597
• DUCs: 661
• total off line for operational reasons: 3,258
• producing: 15,861 (revised)
  
• December:
• permitted: 66
• completed: 44 (final)
  
• inactive: 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)

**********************************
Wells
Inactive Wells and DUCs Tracked Here

Wells, permitted:

• March, 2021:55
• February, 2021: 72
  
• January, 2021: 66
• December: 66
• November: 52
• October: 74
• September: 51

Wells, completed:

• March: 43 (preliminary)
  
• February: 32 (revised))
• January, 2021: 59 (revised)
  
• December: 44 (final)
  
• November: 44 (preliminary); 74 (final)
  
• October: 59 (preliminary); 74 (revised)
  
• September: 76 (revised); 54 (final)
  
• August: 66 (final)

Wells, inactive:

• February, 2021: 2,568
• January, 2021: 2,597 (final)
  
• December: 2,687
• November: 2,870
• October: 2,934
• September: 3,749

Wells, waiting on completion (DUCs):

• February, 2021: 662
  
• January, 2021: 661
• December: 668
• November: 710
• October: 724
• September: 793

Wells, producing

• February, 2021: 15,773 (preliminary)
  
• January, 2021: 15,798 (preliminary); 15,861 revised)
  
• December: 15,798 (preliminary); 15,800 (final)
  
• 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 increased to two in February and to 8 today.