shaleprofile + 243 October 15, 2020 This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well. Visit ShaleProfile blog to explore the full interactive dashboard These interactive presentations contain the latest oil & gas production data from all 24,965 horizontal wells in the Eagle Ford region, that have started producing from 2008 onward, through July 2020. Total production Like the Bakken and the Permian, oil production in the Eagle Ford also continued to recover in July, to close to 1.1 million bo/d (after upcoming revisions). But decline rates are higher here than in the other 2 tight oil basins, and in combination with the lack of new drilling output is falling steeper. Supply Projection dashboard The 15 rigs currently drilling horizontal wells (according to the Baker Hughes rig count), although a higher number than the 10 running in August, will not be able to sustain current production here. You can see this in our outlook for the basin if the rig count and well/rig productivity would stay constant (from our Supply projection dashboardđ Â Tight oil outlook for the Eagle Ford at current drilling levels and productivity. This is of course simply a hypothetical case, but it shows that the outlook isnât great unless activity levels rise significantly. This dashboard contains an interactive model, so you can create these projections by using your own assumptions on future rig counts and well/rig productivity. In our ShaleProfile Analytics service (Ultimate), you can even save the settings of various scenarios for future use. Well productivity A major issue for the basin is that well productivity hasnât increased since 2017, as you will find in the âWell qualityâ tab. This is also visible in more detail in the following graph, which was taken from ShaleProfile Analytics service (Professional): Well productivity in the 6 counties with the most prolific wells. Horizontal oil wells only since 2013. Â The chart shows how well results have changed in 6 counties in the Eagle Ford, based on the average cumulative oil recovered in the first 12 months. You can see that in the counties with the best performing wells (DeWitt and Karnes), productivity already seems to have peaked in 2017, based on this metric. Top operators The 5 largest operators in the basin are displayed in the final tab. EOG and ConocoPhillips still had a significant portion of their production curtailed in July. Advanced Insights The âAdvanced Insightsâ presentation is displayed below: This âUltimate recoveryâ overview reveals the relationship between production rates and cumulative production. Wells are grouped and averaged by the year in which production started. Finally We just released a new report which you can find here: ShaleProfileâs October report on the 4 major tight oil basins Next week we will have a post on gas production in Pennsylvania, which will release August production data in the coming days. Production and completion data is subject to revisions, especially for the last few months. Sources For this presentation, I used data gathered from the following sources: Texas RRC. Production data is provided on the lease level. Individual well production data is estimated from a range of data sources, including regular well tests, and pending lease reports. FracFocus.org Visit our blog to read the full post and use the interactive dashboards to gain more insight:Â https://bit.ly/378Sjlb Follow us on Social Media: Twitter:Â @ShaleProfile LinkedIn:Â ShaleProfile Facebook:Â ShaleProfile Quote Share this post Link to post Share on other sites
Blackbag99 + 20 TB October 16, 2020 Do we know if there is any prime acreage left in Eagle Ford. Or is it all drilled? Quote Share this post Link to post Share on other sites
Bob D + 562 RD October 16, 2020 Karnes County is the best acreage in the Eagle Ford IMO. There are still drilling locations and also locations where EF but not Austin Chalk wells have been drilled and vise versa. There is running room in the EF.  Quote Share this post Link to post Share on other sites
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