2020-03-17 13:20:00
U.S. PRODUCTION: OIL +18 TBD, GAS (-188) MCFD
U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 18,000 b/d month-over-month in March from 9,057 to 9,075 thousand barrels/day, gas production to decrease 188 million cubic feet/day from 85,167 to 84,979 million cubic feet/day .
Oil production thousand barrels/day | Gas production million cubic feet/day | |||||
---|---|---|---|---|---|---|
Region | March 2020 | April 2020 | change | March 2020 | April 2020 | change |
Anadarko | 527 | 517 | (10) | 7,341 | 7,198 | (143) |
Appalachia | 149 | 149 | - | 32,786 | 32,555 | (231) |
Bakken | 1,469 | 1,468 | (1) | 3,071 | 3,065 | (6) |
Eagle Ford | 1,345 | 1,344 | (1) | 6,851 | 6,851 | - |
Haynesville | 39 | 39 | - | 12,445 | 12,447 | 2 |
Niobrara | 774 | 766 | (8) | 5,711 | 5,692 | (19) |
Permian | 4,754 | 4,792 | 38 | 16,962 | 17,171 | 209 |
Total | 9,057 | 9,075 | 18 | 85,167 | 84,979 |
(188) |
New-well oil production per rig barrels/day | New-well gas production per rig thousand cubic feet/day | |||||
---|---|---|---|---|---|---|
Region | March 2020 | April 2020 | change | March 2020 | April 2020 | change |
Anadarko | 744 | 775 | 31 | 4,446 | 4,572 | 126 |
Appalachia | 138 | 146 | 8 | 15,250 | 15,550 | 300 |
Bakken | 1,384 | 1,397 | 13 | 2,064 | 2,092 | 28 |
Eagle Ford | 1,448 | 1,467 | 19 | 4,936 | 4,956 | 20 |
Haynesville | 24 | 24 | - | 10,314 | 10,345 | 31 |
Niobrara | 1,233 | 1,237 | 4 | 4,286 | 4,309 | 23 |
Permian | 807 | 807 | - | 1,580 | 1,580 | - |
Rig-weighted average | 842 | 856 | 14 | 3,846 | 3,809 | (37) |
Drilled but uncompleted wells (DUC) wells | ||||
---|---|---|---|---|
Region |
January 2020 |
February 2020 |
change |
|
Anadarko | 752 | 703 | (49) | |
Appalachia | 574 | 565 | (9) | |
Bakken | 839 | 852 | 13 | |
Eagle Ford | 1,373 | 1,360 | (13) | |
Haynesville | 231 | 230 | (1) | |
Niobrara | 457 | 445 | (12) | |
Permian | 3,471 | 3,482 | 11 | |
Total | 7,697 | 7,637 | (60) |
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Earlier:
2020, March, 16, 10:00:00
U.S. RIGS DOWN 1 TO 792
U.S. Rig Count is down 1 rig from last week to 792, Canada Rig Count is down 28 rigs from last week to 175
2020, March, 13, 12:25:00
U.S. ENERGY BONDS: $110 BLN
The falls in the bonds come in the wake of the failure of Opec and Russia late last week to agree a deal on cutting production,
2020, March, 11, 12:15:00
U.S. OIL DOWN
U.S. shale companies need prices at least in the low $40s to cover costs,
2020, March, 11, 12:05:00
U.S. GAS PRODUCTION UP 10%
U.S. natural gas production grew by 9.8 billion cubic feet per day (Bcf/d) in 2019
2020, March, 6, 12:25:00
U.S. LNG LIMITATION
"Last year was the best year for [final investment decisions] for the US LNG industry ever,"