Visualizing North Dakota Oil & Gas Production (Through February 2021)

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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 17,045 horizontal wells in North Dakota that started production from 2001 onward, through February.

Total production

Oil production in North Dakota from horizontal wells rose by less than 1% m-o-m in February, to 1.05 million b/d. Natural gas output increased by 2% to 2.8 Bcf/d. Only 63 new horizontal wells came online in the first 2 months of this year, compared with 180 in 2020 and 68 in 2021 during the same period.

Supply projection

As of this week, 30 rigs are drilling horizontal wells (according to Baker Hughes). At this level of activity, we project that current oil output can be maintained going forward, assuming constant rig & well productivity. From our Supply Projection dashboard:

Horizontal rig count (top) and tight oil outlook (bottom) in North Dakota, by county, based on the current rig count and well/rig productivity.

Well performance

In the “Well quality” tab, the performance of all horizontal wells can be viewed. It reveals that results have not really improved since 2018, but neither have they deteriorated despite more infill drilling.

Top operators

The final tab shows the production history and location of the top 15 operators in North Dakota. Whiting and Oasis, here still shown as 2 separate entities, have announced a business merger and will together have an output on par with Continental Resources, currently the number 1.

Productivity Ranking

Which operators have the most productive wells?

This question can be answered with our Productivity Ranking dashboard:

Operator ranking based on average well results, as measured by the average cumulative oil recovered in the first year on production. Hz wells since 2017 only.

Here you can see quite a difference between Oasis and Whiting; The 350 horizontal wells that Oasis has brought online since 2017 recovered on average 184 thousand barrels of oil, vs. 151 thousand barrels of oil for Whiting (425 wells). Devon and Marathon have showed the best performance, at close to 260 thousand barrels of oil (237 & 290 wells respectively).

Finally

Next week we will have a new post on the Permian, for which we already have February production data in our subscription services for most wells.

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

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