This is an older blog post, you will find one on more recent data here
This interactive presentation contains the latest oil & gas production data from all 23,824 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through September 2019.
Oil production in September came in at 1.3 million bo/d, again unchanged m-o-m. Natural gas production was 6.5 Bcf/d, close to the historical high (6.6 Bcf/d in September 2015).
As mentioned in earlier posts, well productivity hasn’t changed since 2017, which is visible in the “Well quality” tab. After normalizing for the increase in lateral length (which is made very easy in our analytics service), we find that well results have slightly fallen since 2017.
The 5 largest operators were off their production peaks in September, although the top 3 (EOG, ConocoPhillips & Chesapeake) were still close (“Top operators” dashboard).
The ‘Advanced Insights’ presentation is displayed below:
This “Ultimate recovery” overview reveals the relationship between production rates and cumulative production. Wells are grouped and averaged by the year in which production started.
This was the last post for the year. I would like to thank you for visiting our blog and your continued support. Merry Christmas and a Happy New Year!
Around January 6th, we will have a new post on all covered states in the US.
Production and completion data is subject to revisions, especially for the last few months.
For this presentation, I used data gathered from the following sources:
- Texas RRC. Production data is provided on lease level. Individual well production data is estimated from a range of data sources, including regular well tests, and pending lease reports.
The presentations above have many interactive features:
- You can click through the blocks on the top to see the slides.
- Each slide has filters that can be set, e.g. to select individual or groups of operators. You can first click “all” to deselect all items. You have to click the “apply” button at the bottom to enforce the changes. After that, click anywhere on the presentation.
- Tooltips are shown by just hovering the mouse over parts of the presentation.
- You can move the map around, and zoom in/out.
- By clicking on the legend you can highlight the related data.
- Note that filters have to be set for each tab separately.
- The operator who currently owns the well is designated by “operator (current)”. The operator who operated a well in a past month is designated by “operator (actual)”. This distinction is useful when the ownership of a well changed over time.
- If you have any questions on how to use the interactivity, or how to analyze specific questions, please don’t hesitate to ask.