This interactive presentation contains the latest oil & gas production data through April from 20,207 horizontal wells in the Eagle Ford region, that started producing since 2008.

Despite significant future upwards production revisions, which are typical for Texas, it appears that total oil and gas production has declined in the Eagle Ford since December.

It also appears that the wells that started producing in 2018 are so far closely tracking the performance of wells from last year (see the ‘Well quality’ tab). However, on closer inspection (by selecting to show wells by ‘Quarter of first flow’), you can see that there were some minor improvements since the 2nd half of 2017.

All leading operators have been unable to grow production here since early 2015, although EOG is close to its previous high (‘Top operators’ tab). Devon Energy shows the largest decline among them, with a ~60% drop.

The ‘Advanced Insights’ presentation is displayed below:

In this “Ultimate Recovery” overview the relationship between production rates, and cumulative production is revealed. Wells are grouped by the year in which production started.

For example, the 1,850 horizontal wells that started in 2011 (represented by the red curve) are now at an average rate of 15 bo/d, after having recovered 130 thousand barrels of oil and 0.8 Bcf (switch ‘Product’ to gas to see this).

Based on average cumulative production in the first 2 years, Devon Energy is still showing the best results (at 220 thousand bo/d) of the operators with at least 100 wells, while EOG is the number 5 (‘Productivity ranking’ dashboard).

Later this week I will have a post on all 10 covered US states, followed by an update on North Dakota early next week.

As you will have noticed, we have performed a major upgrade of our website. Besides this free blog, we now offer two services with which the developments in the shale oil & gas industry can be closely monitored:

1. ShaleProfile Analytics, an online portal with similar user-friendly dashboards as shown here on the blog, but with new dashboards, and access to more up-to-date data, such as lateral positions, proppant loadings, and lateral lengths. You can request here a free trial.
2. ShaleProfile Data, where you can subscribe to our underlying data platform, and receive monthly updates with the latest data.

You can bookmark https://shaleprofile.com/blog/ , if you wish to get quick access to the latest blog posting here.

Please tell me what you like and especially don’t like about this new setup!

Production data is subject to revisions, especially for the last few months.

For this presentation, I used data gathered from the following sources:

• Texas RRC. Production data is provided on lease level. Individual well production data is estimated from a range of data sources, including regular well tests, and pending data reports.
• FracFocus.org

Visit our blog to read the full post and use the interactive dashboards to gain more insight

https://shaleprofile.com/2018/08/14/eagle-ford-update-through-april-2018/

Follow us on Social Media:

Twitter: @ShaleProfile
Linkedin: ShaleProfile
Facebook: ShaleProfile