Author: D Coyne

Eagle Ford Output Estimate and Future Scenario

D Coyne 101 Comments

Eagle Ford output is difficult to estimate as there are 20-25 separate fields that need to be followed to get a full picture. To save time, I have used Enno Peters’ data for horizontal wells from Districts 1 to 5 in Texas from his website shaleprofile.com, he has data through June.  Enno’s data is combined with the RRC data for statewide C+C output to find the percentage of Texas C+C from the Eagle Ford. This percentage is multiplied by Dean’s estimate for Texas C+C output to get the following estimate, which is compared with Enno Peters’ data.  EF-EP is Enno Peter’s collection of data from the RRC, EF-DC is my estimate using the method described.  Based on a May 2016 Eagle Ford estimate, I subtract 70 kb/d from the EF-DC estimate to account for non-Eagle Ford horizontal well output in Districts 1 to 5

TXchart/

Read More

Texas Oil and Natural Gas Update- Sept 2016

D Coyne 88 Comments

TXchart/

Dean has provided his monthly update for Texas Oil and Natural Gas.  The most recent month’s estimate is often volatile and may be ignored, the June and May estimates are likely pretty good (within 1% and 2%), the April 2016 estimate is likely to be robust(within 1% of the final value). The June EIA estimate is 240 kb/d lower than Dean’s estimate (about 7% too low). Read More