NDIC Director's Cut -- April, 2022, Data

Link here.

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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