← Go back to All Blogs
  • entries
    136
  • comments
    11
  • views
    26,915

North Dakota – update through May 2020

These interactive presentations contain the latest oil & gas production data from all 16,012 horizontal wells in North Dakota that started production from 2005 onward, through May.

ND64233.png

Visit ShaleProfile blog to explore the full interactive dashboard

Total production

North Dakota oil production fell by 350 thousand bo/d in May to 0.85 million bo/d, an even larger decline than we saw in the previous month (200 kbo/d). The last time the state produced this much was 7 years ago.

About 5,000 horizontal wells did not produce any oil in May (a figure normally closer to 2,000). This image, taken from ShaleProfile Analytics (Professional), shows the location of all completed horizontal wells in North Dakota. They are colored by their oil production rate in May.

ND-production-rate-map.png

Horizontal wells in North Dakota – colored by the oil production rate in May

It clearly shows that huge areas were shut-in.

Directional surveys

We have made further progress on our mapping capabilities. For the states for which we have directional surveys (North Dakota, Colorado and most of Texas), the exact position of the wells are now shown on our maps.

See here for example the layout of 318 wells in the Reunion Bay field (ND), which is operated by Marathon and WPX:

Reunion-Bay-2048x1012.png

The location and performance of 318 horizontal wells in Reunion Bay field

The surface locations are easily marked and the wells are colored from their Landing Point onward.

Directional survey data is now also part of our ShaleProfile Data service.

Top operators

Continental Resources and ConocoPhillips were the only 2 operators in the top 5 which decided to shut in the majority of their wells in May, as you’ll find the last tab. By not doing so, Hess became the largest operator in May, with an output of almost 150 thousand bo/d.

Advanced Insights

The ‘Advanced Insights’ presentation is displayed below:

Adv.11.png

This “Ultimate recovery” overview shows how these horizontal wells are heading towards their ultimate recovery. They are grouped by the year in which production started. You can already see that the profiles start tipping downward, due to the extra shut-ins. This is more clearly visible if you group the data by quarter or month.

Well status map

In the well status map dashboard (the 3rd tab) you can easily find the locations where operators have shut-in wells (click on the “Inactive” status in the color legend to highlight those areas).

Finally

Early next week we plan to have a new post on the Permian. We’re currently developing well spacing and well economics modules for our online analytics service, about which I will soon be able to share more with you!

Sources

For these presentations, I used data gathered from the following sources:

  • DMR of North Dakota. These presentations only show the production from horizontal wells; a small amount (about 40 kbo/d) is produced from conventional vertical wells.
  • FracFocus.org

Visit our blog to read the full post and use the interactive dashboards to gain more insight: https://bit.ly/2CzwJcg

Follow us on Social Media:

Twitter: @ShaleProfile

LinkedIn: ShaleProfile

Facebook: ShaleProfile

Sign in to follow this  
Followers 0


0 Comments


Recommended Comments

There are no comments to display.

Guest
You are posting as a guest. If you have an account, please sign in.
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.