Tuesday, August 16, 2022

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

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Director's Cuts are tracked here

June, 2022, data posted here.

Wells offline for operational purposes tracked here.

Oil:

  • June, 2022: 1,096,151
  • May, 2022: 1,059,060 bbls / day (final)
  • delta, bopd: 37,091
  • delta, percent: up 3.5%
  • revenue forecast: 1.0 million bbls

Crude oil price:

  • today: $88.25
  • June, 2022: $111.35
  • May, 2022: $105.77
  • April, 2022: $100.16

Gas production:

  • June, 2022: 3,061,082 (preliminary)
  • May, 2022: 2,789,265 MCF / day
  • delta, MCF / day: 271,817 MCF / day
  • delta, percent: up 9.7%

Rigs and wells:

  • rigs:
    • today: 47 (New Mexico: 104)
    • July: 42
    • June: 42
    • May: 40
    • April: 38
  • permitted:
    • July: 53
    • June: 77
    • May: 68
    • April: 55
  • completed:
    • July: 74 (preliminary)
    • June: 27 (preliminary)
    • May: 33
    • April: 33
  • inactive:
    • June: 1,750
    • May: 2,448
  • DUCs
    • June: 483
    • May: 496
  • producing:
    • June: 17,284
    • May: 16,965
    • June to May: 1.9% increase in number of producing wells.

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