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
Tag: EIA
Texas Update- November 2017
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.
GoM July Production Update
A Guest Post by George Kaplan
GoM C&C production for July by BOEM was 1746 kbpd and by EIA 1761, compared with, respectively, 1631 and 1634 kbpd (corrected) in June. The EIA number is a new peak, the BOEM one is still 24 kbpd short of their March numbers. The growth was from Thunder Horse (partially), Constitution and Baldpate/Salsa (which is mostly gas) coming back on-line, plus continued ramp-up in Stones and Marmalard.
C&C Production Details
GoM June Production Update
A Guest Post by George Kaplan
Production
Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going offline and Constitution staying offline. Hurricane Cindy didn’t seem to have much of an impact, things will be different for the impact of Harvey on August figures.
Even with the two offline facilities coming back July numbers will struggle to beat those for March, and after that the depletion declines and hurricane disruptions take over. Note that the “others” area includes any assumptions BOEM has made to allow for missing data, which is quite a lot this month.
EIA’s Electric Power Monthly – July Edition with data for May
Guest Post by Islandboy
Non-Petroleum comments in this thread please.
The EIA released the latest edition of their Electric Power Monthly on July 25th, with data for May 2017. The April data was revised and re-released after the last report was prepared so some figures from this report may not be consistent with those from the previous report. Read More