This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing.

263 Members

Post

Visualizing Eagle Ford oil & gas production (through November)

ShaleProfile Analytics, visualization of Eagle Ford oil & gas production

Eagle Ford - update through November 2018

This article contains interactive dashboards also available in the original blog post. 

---

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.

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 10% more wells than in the same period in 2017.

 

Well productivity hasn’t changed much in the past year, as you can easily see in the bottom graph of the ‘Well quality’ tab.

 

All leading operators were off their peak production in November (see ‘Top operators’), although EOG & ConocoPhillips only marginally so.

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.

So far most oil has been recovered by the 4,465 wells that started in 2014; they are now at 155 thousand barrels of oil and at a flow rate of 31 bo/d, on average. Newer wells are on a path to recover about 30 thousand barrels of oil more once they hit the same level.

We have seen quite some interest in the Austin Chalk formation in this area. Production is increasing, although from a small base. This screenshot, from our advanced analytics service, compares the performance of wells in the Austin Chalk and the Eagle Ford, for the 2015-2017 vintages, with only oil wells selected.

Clearly, recent Austin Chalk wells are outperforming those in the Eagle Ford.

 

Early next week we will have a post covering data from 10 states in the US.

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 lease reports.
  • FracFocus.org
Enno Peters's picture

Thank Enno for the Post!

Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.

Discussions

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »