U.S. PRODUCTION: OIL + 98 TBD, GAS + 957 MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 98,000 b/d month-over-month in November from 7,616 to 7,714 thousand barrels/day , gas production to increase 957 million cubic feet/day from 73,104 to 74,061 million cubic feet/day .
Oil production thousand barrels/day |
Gas production million cubic feet/day |
|||||
Region | October 2018 | November 2018 | change | October 2018 | November 2018 | change |
Anadarko | 565 | 572 | 7 | 7,312 | 7,401 | 89 |
Appalachia | 128 | 132 | 4 | 29,449 | 29,786 | 337 |
Bakken | 1,341 | 1,354 | 13 | 2,534 | 2,556 | 22 |
Eagle Ford | 1,423 | 1,438 | 15 | 7,122 | 7,237 | 115 |
Haynesville | 43 | 43 | - | 9,634 | 9,735 | 101 |
Niobrara | 620 | 626 | 6 | 5,164 | 5,214 | 50 |
Permian | 3,496 | 3,549 | 53 | 11,889 | 12,132 | 243 |
Total | 7,616 | 7,714 | 98 | 73,104 | 74,061 | 957 |
New-well oil production per rig barrels/day |
New-well gas production per rig thousand cubic feet/day |
|||||
Region | October 2018 | November 2018 | change | October 2018 | November 2018 | change |
Anadarko | 407 | 410 | 3 | 2,891 | 2,914 | 23 |
Appalachia | 145 | 146 | 1 | 16,697 | 16,907 | 210 |
Bakken | 1,523 | 1,538 | 15 | 1,940 | 1,984 | 44 |
Eagle Ford | 1,445 | 1,452 | 7 | 5,864 | 5,993 | 129 |
Haynesville | 26 | 26 | - | 8,661 | 8,715 | 54 |
Niobrara | 1,191 | 1,193 | 2 | 4,431 | 4,443 | 12 |
Permian | 552 | 595 | 43 | 1,230 | 1,230 | - |
Total | 643 | 668 | 25 | 3,747 | 3,791 | 44 |
Drilled but uncompleted wells (DUC) | |||
wells | |||
Region | August 2018 | September 2018 | change |
Anadarko | 1,014 | 1,045 | 31 |
Appalachia | 687 | 665 | -22 |
Bakken | 778 | 767 | -11 |
Eagle Ford | 1,566 | 1,584 | 18 |
Haynesville | 202 | 199 | -3 |
Niobrara | 422 | 407 | -15 |
Permian | 3,528 | 3,722 | 194 |
Total | 8,197 | 8,389 | 192 |
More information is here.
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Earlier:
2018, October, 15, 12:00:00
U.S. RIGS UP 11 TO 1,063BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68. |
2018, September, 24, 15:15:00
THE TRADE WAR LIMITING U.S.API - “Placing constraints on exports of American-made energy works against America’s energy future,” said API Chief Economist Dean Foreman. “While the picture is still a bit muddied, it seems to be getting clearer – the trade war appears to be limiting the United States’ access to crude export markets. As we produce more energy here at home, the U.S. needs markets for its products in order for our economy to continue to grow. There’s no question that the 1.6 MBD increase U.S. petroleum net imports, which undid a full year’s worth progress, is a setback to the United States’ goal of energy dominance.” |
2018, September, 21, 10:30:00
U.S. CAPITAL EXPENDITURES UPU.S. EIA - Second-quarter 2018 financial results for 45 U.S. oil exploration and production companies that the U.S. Energy Information Administration (EIA) regularly tracks reveal that most companies increased their capital expenditure budgets for 2018 compared with initial budgets made at the beginning of the year. |
2018, September, 21, 10:25:00
U.S. ENERGY CASH: $119 BLNU.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014 |
2018, September, 21, 10:20:00
WORLD OIL DEMAND: 100.23 MBDOPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d. |
2018, September, 19, 13:35:00
U.S. PRODUCTION: OIL + 79 TBD, GAS + 961 MCFDU.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 79,000 b/d month-over-month in October from 7,515 to 7,594 thousand barrels/day , gas production to increase 961 million cubic feet/day from 72,127 to 73,088 million cubic feet/day . |
2018, September, 17, 14:40:00
U.S. RIGS UP 7 TO 1,055BAKER HUGHES A GE - U.S. Rig Count is up 7 rigs from last week to 1,055, with oil rigs up 7 to 867, gas rigs unchanged at 186, and miscellaneous rigs unchanged at 2. Canada Rig Count is up 22 rigs from last week to 226, with oil rigs up 15 to 148 and gas rigs up 7 to 78. |