Blogs

Permian – update through January 2019

These interactive presentations contain the latest oil & gas production data from all 20,021 horizontal wells in the Permian (Texas & New Mexico) that started producing since 2008/2009, through January 2019. Visit ShaleProfile blog to explore the full interactive dashboards The chart above shows the massive growth in Permian production, as well as the underlying decline. Preliminary oil production for January came in at 3.1 million bo/d, which after revisions will be c

shaleprofile

shaleprofile

Haynesville - update through January 2019

This interactive presentation contains the latest gas production data from 5,059 horizontal wells in the Haynesville, that have started producing since 2009/2010, through January 2019. The post on the Permian has been delayed to later this week. Visit ShaleProfile blog to explore the full interactive dashboards Gas production in the Haynesville rose by more than 2 Bcf/d in 2018 to well over 8 Bcf/d, which was the strongest growth since 2012, breaking the previous record set 6

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shaleprofile

 

Introduction

I am an enthusiastic person who check the prices of oil and gas regularly. I also check the variation of oil prices over time and do some market analysis related research.

Khaled Syfullah

Khaled Syfullah

Eagle Ford - update through January 2019

This interactive presentation contains the latest oil & gas production data from all 22,309 horizontal wells in the Eagle Ford region, that have started producing since 2008, through January 2019. Visit ShaleProfile blog to explore the full interactive dashboards January oil production came in at 1,24 million bo/d, maintaining the same level as a year earlier. However, after revisions, it will end up closer to the 1.3 million bo/d that was produced a month earlier.

shaleprofile

shaleprofile

Marcellus (PA) – update through February 2019

This interactive presentation contains the latest gas (and a little oil) production data, from all 8,788 horizontal wells in Pennsylvania that started producing since 2010, through February 2019. Visit ShaleProfile blog to explore the full interactive dashboards Gas production in Pennsylvania fell by 1% m-o-m to 18.1 Bcf/d, after setting a new record in January. Compared with a year earlier, this was just over 2 Bcf/d higher. An important reason behind the recent hig

shaleprofile

shaleprofile

North Dakota – update through February 2019

These interactive presentations contain the latest oil & gas production data from all 14,527 horizontal wells in North Dakota that started production since 2005, through February. Visit ShaleProfile blog to explore the full interactive dashboards Oil production in North Dakota fell in February by 5% m-o-m to 1.34 million bo/d. As is common in the winter months, few new wells started production (64), and more wells were shut-in. Gas production also saw a drop, but the gas o

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shaleprofile

 

Why Tripoli must fall

The only safe outcome for Libya and Libya’s contribution to the international oil market is for Tripoli to fall to General Haftar.                 The absence of any Tripoli based central government control of the oil producing regions of Libya, far from the capital, led to an opportunity for general Haftar to expand his influence by creating and maintaining stability in those areas. The whole country is dependant on those oil producing regions for its foreign income and relies on general H

Alex Lindsay, E.I.T.

Alex Lindsay, E.I.T.

Niobrara (CO & WY) - update through January 2019

These interactive presentations contain the latest oil & gas production data, from all 10,287 horizontal wells that started production in Colorado and Wyoming since 2009/2010, through January. Originally I planned to do a post on the latest data for North Dakota (through February). Unfortunately, not all data that we rely on has been published yet, which is why I decided to do a post on Colorado & Wyoming instead. The update on North Dakota should follow early next week. V

shaleprofile

shaleprofile

Oil Industry and the Environment: Ways to Make It Greener

More and more companies in the oil industry are now going eco-friendly. Preserving the planet is everyone’s responsibility and oil companies are no exception. In fact, with the governments all around the world raising the bars for lower emissions and the use of renewable sources, keeping up the pace with the global sustainability trend is a must. Luckily, there are quite a few ways oil companies can make their operations greener and less harmful. Here are seven of these that are really worth tak

Tracey Clayton

Tracey Clayton

US - update through December 2018

These interactive presentations contain the latest oil & gas production data from 101,165 horizontal wells in 11 US states, through December 2018. Visit ShaleProfile blog to explore the full interactive dashboards Cumulative oil and gas production from these wells reached 10.4 Gbo and 112 Tcf. West Virginia is deselected in most dashboards, as it has a greater reporting lag. Oklahoma is for now only available in our subscription services. Utah, where the Uinta Basin is lo

shaleprofile

shaleprofile

 

Achieving High IRR's Financing Oil Deals

TODAY'S INVESTMENT GOAL:   How to achieve high Internal Rates of Return, (IRR), with a properly structured transaction based on existing oil and gas production … without the market risk of most oil and gas investments.  Can this be done?   Requirements to achieve the strategy and returns for discussion: Buy production at a reasonable discount Evaluate the production as to the operator’s capability to deliver what is purchased Hedge the

Eagle Ford - update through December 2018

This interactive presentation contains the latest oil & gas production data from all 22,067 horizontal wells in the Eagle Ford region, that started producing since 2008, through December. Visit ShaleProfile blog to explore the full interactive dashboards December oil production, close to 1.3 million bo/d, barely changed y-o-y. Just over 1,800 new horizontal wells were able to counter the ~45% decline in legacy production in 2018. Gas production hovered last year just

shaleprofile

shaleprofile

Permian – update through December 2018

These interactive presentations contain the latest oil & gas production data from all 19,523 horizontal wells in the Permian (Texas & New Mexico) that started producing since 2008/2009, through December. Visit ShaleProfile blog to explore the full interactive dashboards December oil production came in at around 3.1 million bo/d (after revisions), 1 million bo/d higher than a year earlier. Close to 4,400 horizontal wells were completed in 2018, 23% more than in 2017. As

shaleprofile

shaleprofile

Utah – update through January 2019

These interactive presentations contain the latest oil & gas production data from all 424 horizontal wells in Utah that started production since 2008, through January. Visit ShaleProfile blog to explore the full interactive dashboard We’ve just included Utah in our coverage of horizontal drilling in the U.S., bringing the total number of covered states to 12. These 12 states are responsible for 99% of recent horizontal drilling activity based on the Baker Hughes horizontal rig

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shaleprofile

Marcellus (PA) – update through January 2019

This interactive presentation contains the latest gas (and a little oil) production data, from all 8,747 horizontal wells in Pennsylvania that started producing since 2010, through January. Visit ShaleProfile blog to explore the full interactive dashboard Gas production in Pennsylvania started this year at a record 18.3 Bcf/d, with a y-o-y growth of 2.5 Bcf/d (16%).   In 2018 10% more wells began production compared with the year before (828 vs. 748) and, as you can

shaleprofile

shaleprofile

Gazprom to supply 200 BCM of gas/year to Europe in 2019

Minsk, Belarus. March 22, 2019 Gazprom is planning to maintain its gas supply to Europe at the level of 200 billion cubic meters (BCM) of gas per year in 2019, A. Kruglov, Gazprom board deputy chairman, told reporters on March 22, 2019. Gazprom reached volumes of export supplies above 200 BCM of gas per year for the first time in 2018 and now intends to at least maintain this level. On February 26, 2019, on Investor Day in Hong Kong, Ye. Burmistrova, director of Gazprom Export, s

Aleksei Afonin

Aleksei Afonin

North Dakota – update through January 2019

These interactive presentations contain the latest oil & gas production data from all 14,469 horizontal wells in North Dakota that started production since 2005, through January. Visit ShaleProfile blog to explore the full interactive dashboard January oil production in North Dakota was unchanged from the month before, at 1.4 million barrels of oil per day. In January, which is typically a slow month, just 85 wells started production. The growth in natural gas production

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shaleprofile

Russia’s Gazprombank leaves Venezuela. Rosneft still stays.

Russia’s Gazprombank leaves Venezuela. Rosneft still stays.   Moscow, Russia. March 15, 2019 Gazprombank is minimizing risks in Venezuela. The bank has sold a 17% stake in GPB Global Resources which, in turn, owns 40% of Petrozamora, a joint venture with PDVSA, Reuters stated on March 14. The bank has confirmed the fact of leaving the joint venture without specifying any details. Petrozamora was founded in 2012 to develop oil fields in Venezuela. In 2013, Gazprombank, GPB, P

Aleksei Afonin

Aleksei Afonin

US - update through November 2018

This interactive presentation contains the latest oil & gas production data from 99,579 horizontal wells in 10 US states, through November 2018. Cumulative oil and gas production from these wells reached 10.1 Gbo and 109 Tcf. West Virginia and Ohio are deselected in most dashboards, as they have a greater reporting lag. Oklahoma is for now only available in our subscription services. Visit ShaleProfile blog to explore the full interactive dashboard November oil production from

shaleprofile

shaleprofile

Eagle Ford - update through November 2018

This interactive presentation contains the latest oil & gas production data from all 22,019 horizontal wells in the Eagle Ford region, that started producing since 2008, through November. Visit ShaleProfile blog to explore the full interactive dashboard Oil production in the Eagle Ford during 2018 stayed within a few percents of the 1.3 million bo/d level set in December 2017, and I expect that to hold also after upcoming upward revisions. Through November, operators completed

shaleprofile

shaleprofile