Texas – Page 12 – Peak Oil Barrel

U.S. Oil Production Is Competing Against Decline

01/02/202001/02/2020 Ovi 254 Comments

A Post by Ovi at peakoilbarrel . com

All of the oil production data for the US states comes from the EIAʼs Petroleum Supply Monthly. In addition, information from other EIA offices is provided to project future US output. At the end, an estimate is made for the decline rate in the L48 conventional oil fields and an analysis of a few different EIA reports is undertaken.

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

U.S. oil output continued to increase in October 2019. Production reached a new high of 12,655 kb/d, an increase 171 kb/d over September and 55 kb/d higher than estimated by the December Monthly Energy Review (MER). However it is 93 kb/d lower than the 12,748 kb/d estimated in the December STEO report. This could be an indication that the January STEO report will again lower US production estimates for 2020.

USA Oil Production by State Updated to August 2019

11/01/201911/02/2019 Ovi 167 Comments

All data for this post is from the EIA’s Petroleum Supply Monthly

The charts below are primarily for the largest US oil producing states (>100 kb/d) and are updated to August 2019. If you are interested in additional states, let it be known.

Ron has asked if I would take over the monthly posts for USA oil production. I have tentatively agreed to do that. Let us all thank Ron for his work at tracking US production and for his insights. Ron will continue to monitor what’s happening with US production and provide his comments. He is not going away.

This is my first post on US production by state. If you spot any errors, please let me know and I will try to fix them.

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.

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Texas Update, October 2017

12/27/201712/27/2017 D Coyne 151 Comments

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Dean Fantazzini’s estimate for the recently updated RRC data in two charts. For all vintage oil plus condensate estimate (using all RRC data from April 2014 to Oct 2017), Sept17 is 3296 kb/d and Oct17 is 3305 kb/d. Read More

Texas Update- November 2017

11/22/201711/22/2017 D Coyne 152 Comments

Dean Fantazzini has provided his latest estimates of Texas oil and natural gas output.

His analysis is based on RRC data only. Each RRC data set from Jan 2014 to Sept 2017 for crude and from April 2014 to Sept 2017 for condensate and natural gas are used in the “all data” estimate, the most recent 49 months of data are collected for each individual data set. After March 2016 there was a shift in the data for crude and condensate so for the C+C estimate, I include an estimate which uses all data from April 2016 to the most recent data point (“Corrected 18 month vintage”). Dean prefers to present an “all vintage data” estimate and an estimate using only the most recent 3 months “correction factors”. For Sept 2017 the all vintage data estimate is 3174 kb/d, the last 3 month vintage estimate is 2957 kb/d, and the last 18 month vintage estimate is 3039 kb/d with falls of 68, 96, and 80 kb/d respectively from the previous month.

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