Director's Cut -- July, 2021, Data

Link here.

Comments: it should be noted that in --

• June, 2021, there were 2,519 wells off line for operational reasons; and, in --
• July, 2021, (most recent month for which there is preliminary data, there were 2,603 wells off line for operational reasons
• delta: - 84 wells
• delta: - 3.3%
• analysis: YouTube;
  

Crude oil production:

• July, 2021: 1,077,789 bopd
• June, 2021: 1,133,498 bopd
• delta, bopd: - 55,709 bopd
• delta, percent: - 4.9%
• revised revenue forecast: 1.2 million --> 1.1 million --> 1.0 million bopd

Crude price:

• today: $65.50
• July, 2021: $64.80
• June, 2021: $63.62
• revised revenue forecast: $50

Natural gas production:

• July, 2021: 2,874,922 mcf/day; capture, 90%
• June, 2021: 2,987,829 mcf/day; capture, 92%

Rig count:

• today: 27 (includes two SWD rigs)
• August, 2021: 28 (ditto)
• July, 2021: 23 (ditto)
• June, 2021: 20 (maybe one SWD rig)

Wells:

• August, 2021:
• permitted: 79
• completed: --
• inactive: --
• DUCs: --
• July, 2021:
• permitted: 40
• completed: 47 (revised)
• inactive: 2,082
• DUCs: 521
• producing: 16,881
• June, 2021:
• permitted: 75
• completed: 41 (final)
• inactive: 1,839
• DUCs: 680
• producing: 16,844 (all-time high)

DUCs and inactive wells are tracked here.