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Permian Region: Drilling Productivity Report

The document is a drilling productivity report for the Permian Region from September 2019. It contains the following key points: - Oil production is projected to increase by 1,440 barrels/day in October compared to September due to contributions from new wells. - Gas production is projected to increase by 24 thousand cubic feet/day in October compared to September due to contributions from new wells. - Charts show historical and current trends in the rig count, production per rig, and total oil and gas production in the Permian Region.

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0% found this document useful (0 votes)
45 views

Permian Region: Drilling Productivity Report

The document is a drilling productivity report for the Permian Region from September 2019. It contains the following key points: - Oil production is projected to increase by 1,440 barrels/day in October compared to September due to contributions from new wells. - Gas production is projected to increase by 24 thousand cubic feet/day in October compared to September due to contributions from new wells. - Charts show historical and current trends in the rig count, production per rig, and total oil and gas production in the Permian Region.

Uploaded by

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Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Permian Region September 2019

drilling data through August


Drilling Productivity Report projected production through October

Monthly
Oil 772 October
additions October 1,440 Gas
+11 761 September from one September 1,416 +24
barrels/day thousand cubic feet/day
month over month barrels/day average rig thousand cubic feet/day month over month

Permian Region Permian Region


New-well oil production per rig Rig count New-well gas production per rig Rig count
barrels/day rigs thousand cubic feet/day rigs
new-well oil production per rig new-well gas production per rig
800 600 4,800 600
rig count rig count
700
500 4,000 500
600
400 3,200 400
500
400 300 2,400 300
300
200 1,600 200
200
100 800 100
100
0 0 0 0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Permian Region Permian Region


Legacy oil production change Legacy gas production change
thousand barrels/day million cubic feet/day
0 0
(50)
(50)
(100)
(100) (150)
(200)
(150)
(250)
(200) (300)
(350)
(250)
(400)
(300) (450)
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Permian Region Permian Region


Indicated change in oil production (Oct vs. Sep) Indicated change in natural gas production (Oct vs. Sep)
thousand barrels/day million cubic feet/day
+338 -267 +71 +631 -402 +229
400 750

300 600
450
200
300
100 150
0 0
Sep Production Legacy Net Oct Sep Production Legacy Net Oct
4,414 from production change 4,485 14,915 from production change 15,144
Mbbl/d new wells change Mbbl/d MMcf/d new wells change MMcf/d

Permian Region Permian Region


Oil production Oil +71 Natural gas production Gas +229
thousand barrels/day million cubic feet/day
thousand barrels/day month over month million cubic feet/day month over month
5,000 30,000

4,000 24,000

3,000 18,000

2,000 12,000

1,000 6,000

0 0
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

U. S. Energy Information Administration | Drilling Productivity Report 9

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