Friday, September 17, 2021

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.

2 comments:

  1. Still prefer Portland over Sea Tac. But not surprised its busy. Regular people still have to travel.

    ReplyDelete
    Replies
    1. Agree completely. Portland was practically empty. I only flew through Seattle because that's the only way Alaska Airlines routed me for this mid-day flight. From now on, either non-stop (earlier flights are non-stop) or non-stop on American Airlines from Portland.

      But I have no desire to fly through SEA-TAC if I don't have to.

      I'm just amazed how busy SEA-TAC considering the economy is doing so badly.

      Delete

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