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Shale Oil and Gas Insights Blog

News and insights on important developments in the major tight oil & gas basins.

Permian

Permian – update through October 2021

January 21, 2022 No Comments

Permian tight oil production set a new output record in October, at 4.3 million b/d (after upcoming revisions, horizontal wells only), just above the previous record from March 2020. Natural gas production is also edging higher, and came in at 17 Bcf/d in October.

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Shale Oil & Gas Insights

A new journey with Novi Labs – why we combined the companies

January 21, 2022 1 Comment

I founded ShaleProfile six years ago after becoming fascinated with the growth of unconventional drilling and its impact on the energy industry.

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North Dakota

North Dakota – update through November 2021

January 12, 2022 3 Comments

Oil production in North Dakota from horizontal wells rose by 2% m-o-m, to 1.09 million b/d in November. Natural gas output increased as well and came in at 3.0 Bcf/d in November.

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US

US – update through September 2021

January 7, 2022 No Comments

US tight oil production rose to 7.5 million b/d in September (after upcoming revisions), 0.4 million b/d more than at the start of 2021. Tight gas production is already setting new heights each month (toggle product to ‘Gas’ to see this), and came in at 85 Bcf/d in September.

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Permian

Permian – update through September 2021

December 23, 2021 4 Comments

Permian tight oil production continues to recover and in September topped 4.2 million b/d (after upcoming revisions, horizontal wells only). We expect that earlier in Q4 this year already a new output record was set. Natural gas production rose as well, and was close to 17 Bcf/d in September.

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North Dakota

North Dakota – update through October 2021

December 16, 2021 No Comments

Oil production in North Dakota from horizontal wells was flat m-o-m for the 2nd month in a row, at 1.07 million b/d in October. Natural gas output, at 2.9 Bcf/d, was close to the historical high in November 2019 (3.1 Bcf/d). Only 492 new horizontal wells were completed through October, the lowest number since 2009.

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Recent Posts

  • Permian – update through March 2022
  • Eagle Ford – update through February 2022
  • Pennsylvania – update through March 2022
  • North Dakota – update through February 2022
  • Is it worth It? Quantifying the value of collecting and interpreting subsurface data. [URTeC 2022 Novi Paper Summary]

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Recent Comments

  1. Dennis Coyne on North Dakota – update through February 2022
  2. Enno on North Dakota – update through February 2022
  3. Dennis Coyne on North Dakota – update through February 2022
  4. Mario on North Dakota – update through February 2022
  5. shallow sand on Permian – update through December 2021
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