Director's Cut Posted -- February, 2022, Data

Link here.

Wells off line for operational reasons.

Observations / Analysis

Pending:

Original Post
Director's Cut, February, 2022, Data

Production, crude oil:

• February, 2022, preliminary: 1,089,193 bopd
  
• January, 2022, revised, final: 1,088,631 bopd
• New Mexico: 1,262,557 bopd
• rig count:
• New Mexico: 95 (no typo)
  
• North Dakota: 33
  
• change, bbls: -562 bbls
  
• change: 0%

Production, natural gas:

• February, 2022, preliminary: 2,870,652 MCF/day
  
• January, 2022, revised, final: 2,828,327 MCF/day
  
• change, MCF/day: +42,325 MCF/day
  
• change: + 1.5%

Crude price, NDLS:

• today: $110.75
  
• January, 2022: $74.86
• February, 2022: $86.17
  
• December, 2021: $65.46

Price, revised forecast:

• today: up 119%
  
• February, 2022: up 74%
  
• January, 2022: up 54%
• December, 2021: up 34%

Rig count, oil and gas:

• Today: 36 (report shows 38, but one was SWD; one was double-counted)
  
• March, 2022: 34
  
• February, 2022: 34
• January, 2022: 31
• December, 2022: 32

Wells, permitted:

• March, 2022:  65
• February, 2022: 32
• January, 2022: 39
• December, 2021: 45

Wells, completed:

• March, 2022: 53 (preliminary)
• February, 2022: 90 (revised, unchanged)
• January, 2022: 75 (final)
• December, 2021; 65

Wells, inactive:

• February, 2022: 1,872
• January, 2022: 2,420
• December, 2021: 1,957

Wells, waiting on completion:

• February, 2022: 463
• January, 2022: 449
• December, 2021: 475

Wells, producing:

• February, 2022: 16,746 (preliminary)
• January, 2022: 16,856
• December, 2021: 17,200

Wells, offline for operational reasons, are tracked here.