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Visualizing US Oil & Gas Production (Through January 2021)

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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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Pioneer Natural, Devon profits beat as oil prices rebound

Pioneer Natural, Devon profits beat as oil prices rebound
5 hours ago
Source: Reuters
U.S. energy companies have delivered strong profits this year on a rebound in oil prices and deep cost cuts implemented in 2020 at the peak of the pandemic-driven downturn in demand.
Pioneer’s total average realized price surged about 41% from the previous three months to $42.75 per barrel of oil equivalent in the quarter.
Gas producers have also benefited from a deep freeze in Texas in February that lifted demand for the fuel used in heating and power generation.
Permian-focused Pioneer Natural raised its annual output forecast to between 605,000 and 631,000 barrels of oil per day (boepd), from 528,000 to 554,000 boepd, following its recent acquisitions of smaller rivals DoublePoint Energy and Parsley Energy. ....

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Pioneer Natural, Devon profits beat as oil prices rebound

Pioneer Natural, Devon profits beat as oil prices rebound
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Daily on Energy: Democrats to clear decks for Biden by canceling Trump methane deregulation

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WHAT THE METHANE VOTE WILL MEAN: The Senate is poised to vote later today to scrap a Trump administration action in a move that will clear the decks for the Biden EPA to set strict controls on methane emissions from the oil and gas sector.
Senators will vote on
a resolution under the Congressional Review Act to cancel a Trump administration action that would have blocked the EPA from setting methane standards for the oil and gas industry. If signed by President ....

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Senate votes to cancel Trump EPA deregulation in effort to reinstate methane emissions curbs

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The Senate voted Wednesday to cancel a Trump administration action that would have blocked the Environmental Protection Agency from controlling methane emitted by the oil and gas industry.
If signed by President Joe Biden, the measure, which passed 52-42 with some Republican support, would reinstate requirements for oil and gas companies to monitor and repair equipment leaking methane, a greenhouse gas dozens of times more potent than carbon dioxide in contributing to climate change.
It also would clear the decks for the Biden administration to fulfill a promise of setting strict controls on methane emissions from the oil and gas sector. ....

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