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Page added on July 8, 2021

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Visualizing US Oil & Gas Production

Visualizing US Oil & Gas Production thumbnail

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.

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Visit ShaleProfile blog to explore the full interactive dashboard

These interactive presentations contain the latest oil & gas production data from 144,661 horizontal wells in 13 US states, through March. West Virginia is deselected in most dashboards, as it hasn’t reported Q1 production data yet.

Total production

March US tight oil production more than made up for the 1 million b/d loss in February, and at 7.1 million b/d was slightly higher than the January level. Natural gas production (excl. West Virginia) also recovered by 6 Bcf/d, and was at 73.6 Bcf/d just 3% below the historical peak in November 2019 (76.1 Bcf/d).

Supply Projection

The horizontal rig count in the Lower 48 has climbed to 425 as of last week (according to Baker Hughes). At this level, and assuming no changes in drilling or well productivity,  current output can be roughly maintained, as is visualized in our Supply Projection dashboard:

Supply-projection.png

US tight oil outlook, by vintage, based on current drilling activity & well performance

The contribution from wells from each year is nicely visible here. Given that operators may reduce the DUC count in these months, and efficiencies may have slightly increased, this picture probably somewhat underestimates current and future production.

Permit activity

Despite rising oil & gas prices, permit activity is still close to the lowest level in the last decade:

Permit-activity.png

Permit activity in 10 key US states, by quarter and permit status.

This image, taken from Permit Activity dashboard, reveals that in Q2 this year only 2,965 permits for new horizontal wells were approved in the 10 states shown on the map, which was even lower than in the 2 quarters earlier.

Obviously, most of these new permits(1,669)  were approved in the Permian Basin:

Permits-ranking.png

Approved permits for horizontal wells in Q2 2021, by basin

EOG was with 333 newly approved permits in Q2, including 266 in the Permian, well above the rest.

Top operators

The 10 largest tight oil operators are displayed in the final overview (“Top operators”). All these operators saw a significant boost in production in March. ConocoPhillips was only 20 thousand b/d below EOG, the number 1, despite operating 3.2 thousand fewer horizontal wells.

Finally

Yesterday we were happy to announce that HITE Hedge Asset Management choose ShaleProfile for all their data and analytics needs on US tight oil & gas: https://shaleprofile.com/press/shaleprofile_hite_hedge-asset-management/

If you want to have easy access to the most up-to-date production, completion and permit data, together with our own production forecasts on well level, check out our improved ShaleProfile Data service. This also includes a real-time data API for those who wish to automate everything.

Next week we will have a new post on North Dakota, which has just released May production data (already available in our subscription services). Texas also just released May production data for most wells.

Production data is subject to revisions.

Sources

For these presentations, we used data gathered from the sources listed below.

  • FracFocus.org
  • Arkansas Oil & Gas Commission
  • Colorado Oil & Gas Conservation Commission
  • Louisiana Department of Natural Resources. Similar to Texas, lease/unit production is allocated over wells in order to estimate their individual production histories.
  • Montana Board of Oil and Gas
  • New Mexico Oil Conservation Commission
  • North Dakota Department of Natural Resources
  • Ohio Department of Natural Resources
  • Oklahoma Corporation Commission – Oil & Gas Division
  • Oklahoma Tax Commission
  • Pennsylvania Department of Environmental Protection
  • Texas Railroad Commission. Individual well production is estimated through the allocation of lease production data over the wells in a lease, and from pending lease production data.
  • Utah Division of Oil, Gas, and Mining
  • Automated Geographic Reference Center of Utah.
  • West Virginia Department of Environmental Protection
  • West Virginia Geological & Economic Survey
  • Wyoming Oil & Gas Conservation Commission

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14 Comments on "Visualizing US Oil & Gas Production"

  1. We will frack it on Fri, 9th Jul 2021 2:04 am 

    Well, frack.

  2. Cloggie on Fri, 9th Jul 2021 2:46 am 

    Governor Main (Dem) prohibits development offshore wind:

    https://www.offshorewind.biz/2021/07/08/maine-state-waters-now-legally-off-limits-to-offshore-wind/

    Which confirms that the US is no front-runner in renewable energy.

    One wonders where they will get their energy from in 1-2 decades time.

  3. Duncan Idaho on Fri, 9th Jul 2021 5:14 pm 

    “The somber truth is that the vast bulk of nature’s staggering abundance has already disappeared. We live in a world characterized primarily by the relative silence and emptiness of its natural spaces.”

  4. Duncan Idaho on Fri, 9th Jul 2021 8:53 pm 

    “Death Valley just hit 130°F the past hour, breaking the all-time (reliably measured) world heat record of 129.9°F set August 16, 2020 at the same site. The final high may be a few tenths higher, and Saturday may be hotter.”

    So, are you Visualizing US Oil & Gas Production?

  5. Theedrich on Fri, 9th Jul 2021 11:56 pm 

    So Afroid Lieutenant Michael L. Byrd is the killer who murdered Ashli Babbitt on Jan 6 in the Capitol with his Glock 22.  Of course, since he is an affirmative-actioned member of the U.S. Capitol Police (USCP), that organization, controlled by Congress and answering only to Congress, won’t release any additional info on him or his crime.  His Washington lawyer, Mark Schamel, claims it would be too dangerous to release the darky’s name and might expose him to racist comments (perpetrated, of course, by those White extremists Biden keeps talking about).

    As usual, if a Black murders an innocent White, that is just fine with Democrats, RINOs, and the mainstream media.  (It’s just some kind of “payback” for Whites causing Negroids to have subnormal IQs, you understand.)

    It’s so nice knowing we are “protected” by Leftist psychopaths in the federal government.

  6. Biden's hairplug on Sat, 10th Jul 2021 5:44 am 

    Mark Schamel is a Dems partisan hack…

    https://twitter.com/markschamel

    …and likely a you-know-who.

  7. Outcast_Searcher on Sat, 10th Jul 2021 10:13 am 

    Now we should be pushing hard to burn less. Given how good HEV’s have gotten, and how small the price premium is (at least with the leading modern Toyota HEV system), there’s NO good reason the VAST majority of pure ICE cars can’t quickly be built as HEV’s. Saving roughly half of the gasoline and diesel burned in cities for ground transpo would be a good start, and quick. And it would save consumers money, given the price of gasoline and brake repair vs, the cost of the system and likely repairs in the first 150,000 miles. (The Toyota warranty on the HEV system is now 10 years or 150,000 miles, so it’s obviously VERY reliable overall).

    And that’s a good first step as the PHEV, BEV, FCEV, etc. fleet moves us toward zero emissions light ground transport in coming decades.

  8. Duncan Idaho on Sat, 10th Jul 2021 11:02 am 

    Removing the Scum—-
    ‘A Great Day’: Biden Fires Trump’s Social Security Boss Who Refused to Resign

    https://www.commondreams.org/news/2021/07/10/great-day-biden-fires-trumps-social-security-boss-who-refused-resign

    The smell will probably take a while—

  9. makati1 on Sat, 10th Jul 2021 5:54 pm 

    Outcast Dreamer, your tech fantasies are as bad as Cloggie’s. Do you ever do the math, or is it past your ability? 1,200,000,000+ FF vehicles in the world today.

    https://www.greencarreports.com/news/1093560_1-2-billion-vehicles-on-worlds-roads-now-2-billion-by-2035-report

    And who is going to pay for those retrofits?
    And who is going to install them?
    And how long is the total change-over going to take?

    The Philippines has over 5 million gas/diesel vehicles. Maybe 1,000 mechanics total. At 1 switch per day, per mechanic, (They have other repairs to do also.) how many years to finish the job? Do the math. LMAO!

  10. Cloggie on Sun, 11th Jul 2021 3:36 am 

    “Outcast Dreamer, your tech fantasies are as bad as Cloggie’s. Do you ever do the math, or is it past your ability? 1,200,000,000+ FF vehicles in the world today.”

    Don’t put words in my mouth. I’m not predicting 1 billion e-vehicles, I predict a fleet of 50 million or so autonomous driving e-vans world-wide, somewhere between 2030-2040.

    Note that old-timer makati uses the technological tour de force and brand-new internet technology to broadcast worldwide the message that technology doesn’t work.

    /snikker

  11. Cloggie on Sun, 11th Jul 2021 4:20 am 

    RIP Donald Rumsfeld:

    https://deepresource.wordpress.com/2021/07/11/germany-finally-falling-for-its-own-products/

    “Germany Finally Falling for its Own Products”

  12. makati1 on Sun, 11th Jul 2021 5:45 pm 

    Cloggie, you will be dead before then and anyone can guess 20+ years in the future and be forgotten long before. There are zero “autonomous driving” anything today, that are not killing people every week, and probably never will be any. Certainly not 50 million.

    You need to see the real world of July 2021 and try to understand where we are going. Not your techie wet dreams and/or drug hallucinations. The chance of a nuclear war is much higher than your autonomous vehicle dream. We will be lucky to even be alive in 10 years, although I am in a better place to watch the show than you are.

  13. Cloggie on Mon, 12th Jul 2021 3:21 am 

    “We will be lucky to even be alive in 10 years, although I am in a better place to watch the show than you are.”

    Absolutely! I predict that you will experience a Chinese occupation of the Philippines during your lifetime, as a Chinese preemptive measure, as a consequence of China retaking Taiwan.

    Enjoy “watching the show”.

    I prefer to read about it in the newspaper from faraway.

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