Visualizing US Oil & Gas Production (Through March 2021) energycentral.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energycentral.com Daily Mail and Mail on Sunday newspapers.
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Total production
US tight oil production fell by 1 million b/d to 6 million b/d in February, the lowest level in 3 years, as cold winter weather affected production in several states. This was just a blip, and based on preliminary data we expect production to have fully recovered in March.
Supply Projection
With the horizontal rig count now having recovered to well over 400 as of last week (according to Baker Hughes), current output can be almost sustained, as is visualized in our Supply Projection dashboard:
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I am excited to announce that we just released an add-on to our data subscription. Users can now also access all well permits, directional survey data (10 million+ records!) and 20-year production forecasts on well level. More info, including a description and a free sample can be found here: ShaleProfile Data plan.
Total production
US tight oil production fell by less than 1% in January m-o-m, to 6.9 million b/d (after upcoming revisions, hz. wells only). Tight gas output continued its upward trend since last May, although it is still below the March 2020 high (toggle Product to gas to see this).
Governor appoints several members to boards
Dean Stevensen
Brian Olmstead
Gov. Brad Little announced the appointment of Brian Olmstead and Dean Stevensen to the Idaho Water Resource Board, as well as the appointment of Ray Hinchcliff to the Oil & Gas Conservation Commission and Mark Tschampl as chief administrator at the Idaho Division of Veterans Services.
Olmstead is a Twin Falls resident and will retire from the Twin Falls Canal Company later this year after 21 years. He also served on the Idaho Water Users Board, Snake River Soil and Water Conservation District, the Upper Snake River Basin Advisory Group, Idaho Water Education Foundation, Goundwater/Surface Water Steering Committee, and the Comprehensive Aquifer Management Program Committee.
Governor Little appoints new members to Idaho Water Resource Board and Oil & Gas Conservation Commission - Dailyfly com Lewis-Clark Valley Community dailyfly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfly.com Daily Mail and Mail on Sunday newspapers.