Bakken – Page 10 – Peak Oil Barrel

USA December Oil Production Drops

02/28/202002/28/2020 Ovi 175 Comments

A Post by Ovi at peakoilbarrel

All of the oil production data for the US states comes from the EIAʼs Petroleum Supply Monthly. At the end, an analysis of a three different EIA reports is provided.

The charts below are updated to December 2019 for the 10 largest US oil producing states (Production > 100 kb/d).

The data from the February EIA report shows that US production dropped from November by 84 kb/d (0.61 kb/d) to 12,779 kb/d in December. Since June, the US has increased output by an average of 164 kb/d/mth. Is this drop the beginnings of slowing LTO growth going into 2020? Today’s low oil prices are not providing any incentive to increase drilling activity. Maintaining current production and lowering expenses may be the new mantra.

For the lower 48 states, production decreased by 81 kb/d.

US Light Tight Oil (LTO) Update

05/21/201805/21/2018 D Coyne 278 Comments

by Dennis Coyne

I have updated my scenarios for US LTO output, based on both EIA tight oil output data and average well profile data from Enno Peters’ shaleprofile.com. I have also created a scenario for the Niobrara shale oil play and for “other US LTO” which excludes the Permian Basin LTO, Eagle Ford, North Dakota Bakken/Three Forks, and the Niobrara.

chart/ Read More

North Dakota Bakken/Three Forks Update

08/15/201608/15/2016 D Coyne 220 Comments

The North Dakota Industrial Commission (NDIC) reported June crude plus condensate (C+C) output on August 12, 2016. North Dakota(ND) Bakken/Three Forks (BTF) output fell by 20.46 kb/d in June to 973.86 kb/d. Overall ND C+C output fell to 1026.58 kb/d in June, a decrease of 185.2 kb/d in the past 12 months. Based on data from Enno Peters, 43 new wells started producing oil in June 2016.

I pulled the charts below from shaleprofile.com (Enno Peter’s website).

bakchart/

North Dakota Oil Production Declining But Slowly

05/12/201605/13/2016 Ron Patterson 455 Comments

The North Dakota Oil Production Stats are out. North Dakota crude oil production was down just less than 10,000 barrels per day.

North Dakota BPD

Bakken crude oil production was down 7,743 bpd in March while all North Dakota production was down 9,846 barrels per day.

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Bakken Update – April 2016, Little Decline So Far

04/15/201604/15/2016 D Coyne 303 Comments

Bakchart/

North Dakota data from the NDIC is out. Bakken Three/Forks data shown in chart above (NDIC Data) with a Red Queen Model (based on Rune Likvern’s original work) using data gathered from the NDIC by Enno Peters to develop well profiles. Read More