For newbies: this decrease was predicted, based on unusual winter storm in April, 2022.
Oil:
- April, 2022: 900,597 bbls / day
- March, 2022: 1,122,640 bbls / day
- delta, bopd:
- delta, percent: down 20%
- revised revenue forecast: down 19%
Crude oil price:
- today: $118.25
- April, 2022: $100.16
- March, 2022: $104.68
Gas production and capture:
- April, 2022: 2,444,933 MCF / day
- March, 2022: 3,009,436 MCF / day
- delta, MCF / day
- delta, percent: down 19%
Rigs and wells:
- rigs:
- today: 37
- May: 40
- April: 38
- March: 34
- permitted:
- May: 68
- April: 55
- March: 65
- completed:
- May: 53 (preliminary)
- April: 33 (revised)
- March: 53 (said to be preliminary but probably final)
- inactive:
- April: 1,909
- March: 1,928
- DUCs
- April: 494
- March: 451
- producing:
- April: 16,896
- March: 17,087
- and this helps explains the oil and natural gas delta month/month
- March to April: 1.15 drop in number of producing wells
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