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).
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This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well.
Visit ShaleProfile blog to explore the full interactive dashboard
These interactive presentations contain the latest oil & gas production data from 140,9179 horizontal wells in 13 US states, through October. Ohio & West Virginia are excluded from most overviews as these states did not yet publish production data for October.
Total production
US tight oil production was basically unchanged in October, at nearly 7.0 million bo/d. Over 500 horizontal wells came online for the month, a higher number than in the preceding 5 months, but far lower than the more than 1,000 wells we saw in a typical month in 2019.
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This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well.
Visit ShaleProfile blog to explore the full interactive
dashboard
These interactive presentations contain the latest oil & gas production data from 123,933 horizontal wells in 11 US states, through September. Oklahoma & West Virginia are excluded as these states did not yet publish complete production data for Q3.
Total production
US tight oil production was flat m-o-m in September at 7.0 million bo/d (after upcoming revisions, including estimates for Oklahoma). Again some 1,500 horizontal wells that were temporarily shut-in came back online, which helped stem the underlying decline.