Had to take the post down folks, the reputable firm threatened to sue me. Sorry.
Ron
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The Texas RRC Production Data is out. There appear to be no big surprises this month. All RRC data is through September but the EIA data is only through August.
Note: For all those not familiar with the Texas Railroad Commission data it is always incomplete. That is the reason for the drooping data lines you see in the charts. The EIA data is what they believe the final estimate will be.
Final month production was just a little higher in September than August. That usually indicates a small uptick in production. But the data is so incomplete it is hard to tell.
The North Dakota Industrial Commission has published the July production data for The Bakken and for all North Dakota.
Bakken production was down 5,430 barrels per day while all North Dakota was down 9,410 bpd.
The Texas RRC Oil & Gas Production Estimates are in. By now everyone should know that the Texas oil and gas data is incomplete and the drooping data lines will eventually look more like the EIA lines as the more and more data comes. The EIA data is only through May but all Texas Railroad Commission data is through June.
It appears that Texas C+C was flat to slightly up in June.
There is new data out today. The EIA published their International Petroleum Statistics yesterday. The EIA also published their Drilling Productivity Report which gave their expected shale oil and gas production through September. Then this morning OPEC published their Monthly Oil Marketing Report with OPEC crude only production numbers through July.
First the Drilling Productivity Report. Of course most of the Drilling Productivity Report is projection, not history. And that projection goes through September 2015.
The EIA has the Bakken peaking in December and declining 107 thousand barrels per day since that point. A secondary peak was reached in April and declining steadily since then.