Texas Oil and Natural Gas- June 2016

Dean has shared his estimates for Texas Oil and Natural Gas output. Texas (TX) C+C output was revised lower by -10, -17, -22, -18, and -52 kb/d for Nov 2015 through March 2016 respectively. Output in April 2016 increased by 27 kb/d from the revised March 2016 estimate to 3511 kb/d. The EIA estimate for March 2016 is 3276 kb/d, and Dean’s revised estimate is 3484 kb/d, 208 kb/d more than the EIA estimate.

TXchart/

Read More

Texas Update-April 2016 and US L48 OS C+C Annual Decline rate

The Texas Railroad Commission (RRC of TX) updated its online database a few weeks ago. The best estimates I have seen for Texas C+C and natural gas output are produced by Dean. Thank you Dean for sharing your analysis with us.

The following 4 charts were produced directly by Dean, output for Oil + Condensate, Oil, and Condensate are in barrels per day, and Total Natural Gas is in thousands of cubic feet per day.

charta/ Read More