You Are On Search Permian Basin - West Texas - Shale (Tight) Oil Play Boom Or Bust Page
Permian Basin - West Texas
The USA is 5 % Of The World Population And They Use 25 % (16 to 21 million bbl's - A Day - 14583 bbl's a minute)
Of The Daily World Production (85 to 95 million bbl's - A Day - 66000 bbl's a minute).
What The
Permian Produces In One Day. 2,881,724 Barrels -
Sept. 2023 - The USA burns in 198 minutes. The World Burns in 44 minutes.
(2001 bbl's a minute - 2,881,724 - daily average - Sept. - 2023) Texas Permian Basin Production
TRRC Is Taking Three To Four Months To Update Production Data - Fall 2021 TRRC Has switched to some screwed up office app
Less Then 2% Of The Permian Is Commercial At $30.00 12/2015
Saudi Permian - A Race To The Bottom For Tight Oil 08/2016
Permian Basin - Eagle Ford - A Global Perspective 05/2018
2014
A daily bump up from June 2014 to July 2014 of 32493 bbl's a day / A daily bump up from July 2014 to August 2014 of 17867 bbl's a day
A daily bump up from August 2014 to Sept. 2014 of 11959 bbl's a day / A daily bump up from Sept. 2014 to Oct. 2014 of 18880 bbl's a day
A daily bump up from Oct. 2014 to Nov. 2014 of 15452 bbl's a day / A daily bump up from Nov. 2014 to Dec. 2014 of 36212 bbl's a day
2015
daily bump down from Dec. 14 to Jan. 15 of (138930) bbl's a day - gross was 1061450 / daily bump up from Jan. 15 to Feb. 15 of 98372 bbl's a day - gross was 1159822
TRRC went back and changed the final number for 2014 - upping them - In Jan. 2015 it was 1061450 - In Feb. 2015 it is 1261769 - It is amazing how they can do that!
daily bump up from Feb. 15 to Mar. 15 of 31300 bbl's a day - gross was 1191122 / daily bump up from Mar. 15 to Apr. 15 of 29869 bbl's a day - gross was 1220991
daily bump up from Apr. 15 to May. 15 of 57574 bbl's a day - gross was 1278565 / daily bump up from May. 15 to June. 15 of 20328 bbl's a day - gross was 1298893
daily bump up from June. 15 to July. 15 of 12065 bbl's a day - gross was 1310958 / daily bump up from July. 15 to Aug. 15 of 8627 bbl's a day - gross was 1319585
daily bump up from Aug. 15 to Sept. 15 of 19827 bbl's a day - gross was 1339412 / daily bump up from Sept. 15 to Oct. 15 of 7966 bbl's a day - gross was 1347378
daily bump up from Oct. 15 to Nov. 15 of 5263 bbl's a day - gross was 1352641 / daily bump up from Nov. 15 to Dec. 15 of 31176 bbl's a day - gross was 1383817
2016
daily bump down from Dec. 15 to Jan. 16 of (83725) bbl's a day - gross was 1300092 / daily bump up from Jan. 16 to Feb. 16 of 42026 bbl's a day - gross was 1342118
TRRC went back and changed the final number for 2015 - upping them - In Jan. 2016 it was 1300092 - In Feb. 2016 it is 1395888 - It is amazing how they can do that!
daily bump up from Feb. 16 to Mar. 16 of 48116 bbl's a day - gross was 1390234 / daily bump up from Mar. 16 to Apr. 16 of 27268 bbl's a day - gross was 1417502
daily bump up from Apr. 16 to May. 16 of 2508 bbl's a day - gross was 1420010 / daily bump up from May. 16 to June. 16 of 23945 bbl's a day - gross was 1443955
daily bump up from June. 16 to July. 16 of 18166 bbl's a day - gross was 1462121 / daily bump up from July. 16 to Aug. 16 of 9717 bbl's a day - gross was 1471838
daily bump up from Aug. 16 to Sept. 16 of 4998 bbl's a day - gross was 1476838 / daily bump up from Sept. 16 to Oct. 16 of 3187 bbl's a day - gross was 1480025
daily bump up from Oct. 16 to Nov. 16 of 9118 bbl's a day - gross was 1489183 / daily bump up from Nov. 16 to Dec. 16 of 8899 bbl's a day - gross was 1498082
2017
daily bump down from Dec. 16 to Jan. 17 of (103399) bbl's a day - gross was 1394683 / daily bump up from Jan. 17 to Feb. 17 of 80131 bbl's a day - gross was 1474814
daily bump up from Feb. 17 to Mar. 17 of 12431 bbl's a day - gross was 1487245 / daily bump up from Mar. 17 to Apr. 17 of 78101 bbl's a day - gross was 1565346
daily bump down from Apr. 17 to May. 17 of (6332) bbl's a day - gross was 1559014 / daily bump up from May. 17 to June. 17 of 41401 bbl's a day - gross was 1600415
daily bump up from June. 17 to July. 17 of 9908 bbl's a day - gross was 1610323 / daily bump up from July. 17 to Aug. 17 of 18161 bbl's a day - gross was 1628484
daily bump up from Aug. 17 to Sept. 17 of 4446 bbl's a day - gross was 1632930 / TRRC had no report for Oct. 17 - skipped to Nov. 17
daily bump up from Sept. 17 to Nov. 17 of 56544 bbl's a day - gross was 1689474 / daily bump up from Nov. 17 to Dec. 17 of 61840 bbl's a day - gross was 1751314
2018
daily bump down from Dec. 17 to Jan. 18 of (47259) bbl's a day - gross was 1704055 / daily bump up from Jan. 18 to Feb. 18 of 118858 bbl's a day - gross was 1822913
daily bump up from Feb. 18 to Mar. 18 of 77853 bbl's a day - gross was 1900766 / TRRC had no report for Mar. 18 - To Apr. 18 - skipped to May. 18
TRRC had no report for Apr. 18 - skipped to May. 18 / daily bump up from Mar. 18 to May. 18 of 120863 bbl's a day - gross was 2021629
daily bump up from May. 18 to June. 18 of 30546 bbl's a day - gross was 2052175 / daily bump up from June. 18 to July. 18 of 37314 bbl's a day - gross was 208948
daily bump up from July. 18 to Aug. 18 of 15335 bbl's a day - gross was 2104824 / TRRC had no report for Sept., Oct., 18 - skipped to Nov. 18
daily bump up from Aug. 18 to Nov. 18 of 160057 bbl's a day - gross was 2264881 / daily bump up from Nov. 18 to Dec. 18 of 17391 bbl's a day - gross was 2282762
2019
daily bump down from Dec. 18 to Jan. 19 of (271652) bbl's a day - gross was 2011110 / daily bump up from Jan. 19 to Feb. 19 of 200291 bbl's a day - gross was 2211401
daily bump up from Feb. 19 to Mar. 19 of 65577 bbl's a day - gross was 2276978 / daily bump up from Mar. 19 to Apr. 19 of 49716 bbl's a day - gross was 2326964
daily bump up from Apr. 19 to May. 19 of 126733 bbl's a day - gross was 2453427 / daily bump up from May. 19 to June. 19 of 16305 bbl's a day - gross was 2469732
daily bump up from June. 19 to July. 19 of 44212 bbl's a day - gross was 2513944 / daily bump up from July. 19 to Aug. 19 of 105248 bbl's a day - gross was 2619192
daily bump up from Aug. 19 to Sept. 19 of 13812 bbl's a day - gross was 2633004 / daily bump up from Sept. 19 to Oct. 19 of 41172 bbl's a day - gross was 2674176
daily bump up from Oct. 19 to Nov. 19 of 30548 bbl's a day - gross was 2704724 / daily bump up from Nov. 19 to Dec. 19 of 28355 bbl's a day - gross was 2733079
2020
daily bump down from Dec. 19 to Jan. 20 of (329765) bbl's a day - gross was 2403314 / daily bump up from Jan. 20 to Feb. 20 of 121462 bbl's a day - gross was 2524776
daily bump up from Feb. 20 to Mar. 20 of 90557 bbl's a day - gross was 2615333 / TRRC skipped April production report
daily bump up from Mar. 20 to May. 20 of 996567 bbl's a day - gross was 2711900 / daily bump up from May. 20 to June. 20 of 48505 bbl's a day - gross was 2760405
daily bump up from June. 20 to July. 20 of 41181 bbl's a day - gross was 2801586 / daily bump up from July. 20 to Aug. 20 of 32952 bbl's a day - gross was 2834538
daily bump up from Aug. 20 to Sept. 20 of 13182 bbl's a day - gross was 2847720 / daily bump up from Sept. 20 to Oct. 20 of 12083 bbl's a day - gross was 2859803
daily bump down from Oct. 20 to Nov. 20 of (5618) bbl's a day - gross was 2854185 / daily bump up from Nov. 20 to Dec. 20 of 19117 bbl's a day - gross was 2873302
2021
daily bump down from Dec. 20 to Jan. 21 of (210938) bbl's a day - gross was 2662364 / daily bump down from Jan. 21 to Feb. 21 of (207348) bbl's a day - gross was 2455016
daily bump up from Feb. 21 to Mar. 21 of 129528 bbl's a day - gross was 2584544 / daily bump up from Mar. 21 to Apr. 21 of 76483 bbl's a day - gross was 2661027
TRRC skipped May production report / daily bump up from Apr. 21 to June. 21 of 63797 bbl's a day - gross was 2724824
daily bump up from June. 21 to July. 21 of 16883 bbl's a day - gross was 2741451 / daily bump up from July. 21 to Aug. 21 of 76490 bbl's a day - gross was 2817941
daily bump down from Aug. 21 to Sept. 21 of (239813) bbl's a day - gross was 2578128 / daily bump up from Sept. 21 to Oct. 21 of 365266 bbl's a day - gross was 2943394
daily bump down from Oct. 21 to Nov. 21 of (213449) bbl's a day - gross was 2729945 / daily bump up from Nov. 21 to Dec. 21 of 190408 bbl's a day - gross was 2920353
2022
daily bump down from Dec. 21 to Jan. 22 of (239,730) bbl's a day - gross was 2680623 / daily bump up from Jan. 22 to Feb. 22 of 181666 bbl's a day - gross was 2862289
daily bump down from Feb. 22 to Mar. 22 of (178736) bbl's a day - gross was 2683553 / daily bump down from Mar. 22 to Apr. 22 of (32971) bbl's a day - gross was 2650582
daily bump up from Apr. 22 to May. 22 of 2626 bbl's a day - gross was 2653208 / daily bump up from May. 22 to June. 22 of 34033 bbl's a day - gross was 2687241
daily bump up from June. 22 to July. 22 of 339780 bbl's a day - gross was 3027021 / daily bump down from July. 22 to Aug. 22 of (321345) bbl's a day - gross was 2705676
daily bump down from Aug. 22 to Sept. 22 of (71154) bbl's a day - gross was 2634522 / daily bump up from Sept. 22 to Oct. 22 of 459932 bbl's a day - gross was 3094454
daily bump down from Oct. 22 to Nov. 22 of (60635) bbl's a day - gross was 3060635 / daily bump down from Nov. 22 to Dec. 22 of (496536) bbl's a day - gross was 2564098
2023
daily bump up from Dec. 22 to Jan. 23 of 819129 bbl's a day - gross was 3383227 / daily bump down from Jan. 23 to Feb. 23 of (65408) bbl's a day - gross was 3317819
daily bump up from Feb. 23 to Mar. 23 of 53170 bbl's a day - gross was 3370989 / daily bump down from Mar. 23 to Apr. 23 of (74716) bbl's a day - gross was 3296273
daily bump down from Apr. 23 to May. 23 of (57461) bbl's a day - gross was 3238812 / daily bump down from May. 23 to June. 23 of (43424) bbl's a day - gross was 3195388
daily bump up from June. 23 to July. 23 of 8757 bbl's a day - gross was 3204145 / daily bump down from July. 23 to Aug. 23 of (279031) bbl's a day - gross was 2925114
daily bump down from Aug. 23 to Sept. 23 of (43390) bbl's a day - gross was 2881724 /
Based On The Number Of Permits Issued For The Permian - Give Or Take For Oil or Gas
101,712 Wells According To TRRC (2008 to Sept. - 2023) Texas Permian Basin Permits
That is an average of 28.3 bbl's of crude oil a day per well. Not Even 1/7 of a truck load
Note - TRRC Is Always Late In Monthly Production Data Updates & Always Back Dating Number
Return To Index Home Page - bakkenboomorbust.com
Current Tight Oil Production
Bakken/ND - BK/ND / Permian - PM / Eagle Ford - EF
Note - TRRC Is Always Late In Monthly Production Data Updates & Always Back Dating Numbers
(2001 bbl's a minute - 2,881,724 - daily average - Sept. - 2023) Texas Permian Basin Production
TRRC Is Taking Three To Four Months To Update Production Data - Fall 2021 TRRC Has switched to some screwed up office app
Less Then 2% Of The Permian Is Commercial At $30.00 12/2015
Saudi Permian - A Race To The Bottom For Tight Oil 08/2016
Permian Basin - Eagle Ford - A Global Perspective 05/2018
2014
A daily bump up from June 2014 to July 2014 of 32493 bbl's a day / A daily bump up from July 2014 to August 2014 of 17867 bbl's a day
A daily bump up from August 2014 to Sept. 2014 of 11959 bbl's a day / A daily bump up from Sept. 2014 to Oct. 2014 of 18880 bbl's a day
A daily bump up from Oct. 2014 to Nov. 2014 of 15452 bbl's a day / A daily bump up from Nov. 2014 to Dec. 2014 of 36212 bbl's a day
2015
daily bump down from Dec. 14 to Jan. 15 of (138930) bbl's a day - gross was 1061450 / daily bump up from Jan. 15 to Feb. 15 of 98372 bbl's a day - gross was 1159822
TRRC went back and changed the final number for 2014 - upping them - In Jan. 2015 it was 1061450 - In Feb. 2015 it is 1261769 - It is amazing how they can do that!
daily bump up from Feb. 15 to Mar. 15 of 31300 bbl's a day - gross was 1191122 / daily bump up from Mar. 15 to Apr. 15 of 29869 bbl's a day - gross was 1220991
daily bump up from Apr. 15 to May. 15 of 57574 bbl's a day - gross was 1278565 / daily bump up from May. 15 to June. 15 of 20328 bbl's a day - gross was 1298893
daily bump up from June. 15 to July. 15 of 12065 bbl's a day - gross was 1310958 / daily bump up from July. 15 to Aug. 15 of 8627 bbl's a day - gross was 1319585
daily bump up from Aug. 15 to Sept. 15 of 19827 bbl's a day - gross was 1339412 / daily bump up from Sept. 15 to Oct. 15 of 7966 bbl's a day - gross was 1347378
daily bump up from Oct. 15 to Nov. 15 of 5263 bbl's a day - gross was 1352641 / daily bump up from Nov. 15 to Dec. 15 of 31176 bbl's a day - gross was 1383817
2016
daily bump down from Dec. 15 to Jan. 16 of (83725) bbl's a day - gross was 1300092 / daily bump up from Jan. 16 to Feb. 16 of 42026 bbl's a day - gross was 1342118
TRRC went back and changed the final number for 2015 - upping them - In Jan. 2016 it was 1300092 - In Feb. 2016 it is 1395888 - It is amazing how they can do that!
daily bump up from Feb. 16 to Mar. 16 of 48116 bbl's a day - gross was 1390234 / daily bump up from Mar. 16 to Apr. 16 of 27268 bbl's a day - gross was 1417502
daily bump up from Apr. 16 to May. 16 of 2508 bbl's a day - gross was 1420010 / daily bump up from May. 16 to June. 16 of 23945 bbl's a day - gross was 1443955
daily bump up from June. 16 to July. 16 of 18166 bbl's a day - gross was 1462121 / daily bump up from July. 16 to Aug. 16 of 9717 bbl's a day - gross was 1471838
daily bump up from Aug. 16 to Sept. 16 of 4998 bbl's a day - gross was 1476838 / daily bump up from Sept. 16 to Oct. 16 of 3187 bbl's a day - gross was 1480025
daily bump up from Oct. 16 to Nov. 16 of 9118 bbl's a day - gross was 1489183 / daily bump up from Nov. 16 to Dec. 16 of 8899 bbl's a day - gross was 1498082
2017
daily bump down from Dec. 16 to Jan. 17 of (103399) bbl's a day - gross was 1394683 / daily bump up from Jan. 17 to Feb. 17 of 80131 bbl's a day - gross was 1474814
daily bump up from Feb. 17 to Mar. 17 of 12431 bbl's a day - gross was 1487245 / daily bump up from Mar. 17 to Apr. 17 of 78101 bbl's a day - gross was 1565346
daily bump down from Apr. 17 to May. 17 of (6332) bbl's a day - gross was 1559014 / daily bump up from May. 17 to June. 17 of 41401 bbl's a day - gross was 1600415
daily bump up from June. 17 to July. 17 of 9908 bbl's a day - gross was 1610323 / daily bump up from July. 17 to Aug. 17 of 18161 bbl's a day - gross was 1628484
daily bump up from Aug. 17 to Sept. 17 of 4446 bbl's a day - gross was 1632930 / TRRC had no report for Oct. 17 - skipped to Nov. 17
daily bump up from Sept. 17 to Nov. 17 of 56544 bbl's a day - gross was 1689474 / daily bump up from Nov. 17 to Dec. 17 of 61840 bbl's a day - gross was 1751314
2018
daily bump down from Dec. 17 to Jan. 18 of (47259) bbl's a day - gross was 1704055 / daily bump up from Jan. 18 to Feb. 18 of 118858 bbl's a day - gross was 1822913
daily bump up from Feb. 18 to Mar. 18 of 77853 bbl's a day - gross was 1900766 / TRRC had no report for Mar. 18 - To Apr. 18 - skipped to May. 18
TRRC had no report for Apr. 18 - skipped to May. 18 / daily bump up from Mar. 18 to May. 18 of 120863 bbl's a day - gross was 2021629
daily bump up from May. 18 to June. 18 of 30546 bbl's a day - gross was 2052175 / daily bump up from June. 18 to July. 18 of 37314 bbl's a day - gross was 208948
daily bump up from July. 18 to Aug. 18 of 15335 bbl's a day - gross was 2104824 / TRRC had no report for Sept., Oct., 18 - skipped to Nov. 18
daily bump up from Aug. 18 to Nov. 18 of 160057 bbl's a day - gross was 2264881 / daily bump up from Nov. 18 to Dec. 18 of 17391 bbl's a day - gross was 2282762
2019
daily bump down from Dec. 18 to Jan. 19 of (271652) bbl's a day - gross was 2011110 / daily bump up from Jan. 19 to Feb. 19 of 200291 bbl's a day - gross was 2211401
daily bump up from Feb. 19 to Mar. 19 of 65577 bbl's a day - gross was 2276978 / daily bump up from Mar. 19 to Apr. 19 of 49716 bbl's a day - gross was 2326964
daily bump up from Apr. 19 to May. 19 of 126733 bbl's a day - gross was 2453427 / daily bump up from May. 19 to June. 19 of 16305 bbl's a day - gross was 2469732
daily bump up from June. 19 to July. 19 of 44212 bbl's a day - gross was 2513944 / daily bump up from July. 19 to Aug. 19 of 105248 bbl's a day - gross was 2619192
daily bump up from Aug. 19 to Sept. 19 of 13812 bbl's a day - gross was 2633004 / daily bump up from Sept. 19 to Oct. 19 of 41172 bbl's a day - gross was 2674176
daily bump up from Oct. 19 to Nov. 19 of 30548 bbl's a day - gross was 2704724 / daily bump up from Nov. 19 to Dec. 19 of 28355 bbl's a day - gross was 2733079
2020
daily bump down from Dec. 19 to Jan. 20 of (329765) bbl's a day - gross was 2403314 / daily bump up from Jan. 20 to Feb. 20 of 121462 bbl's a day - gross was 2524776
daily bump up from Feb. 20 to Mar. 20 of 90557 bbl's a day - gross was 2615333 / TRRC skipped April production report
daily bump up from Mar. 20 to May. 20 of 996567 bbl's a day - gross was 2711900 / daily bump up from May. 20 to June. 20 of 48505 bbl's a day - gross was 2760405
daily bump up from June. 20 to July. 20 of 41181 bbl's a day - gross was 2801586 / daily bump up from July. 20 to Aug. 20 of 32952 bbl's a day - gross was 2834538
daily bump up from Aug. 20 to Sept. 20 of 13182 bbl's a day - gross was 2847720 / daily bump up from Sept. 20 to Oct. 20 of 12083 bbl's a day - gross was 2859803
daily bump down from Oct. 20 to Nov. 20 of (5618) bbl's a day - gross was 2854185 / daily bump up from Nov. 20 to Dec. 20 of 19117 bbl's a day - gross was 2873302
2021
daily bump down from Dec. 20 to Jan. 21 of (210938) bbl's a day - gross was 2662364 / daily bump down from Jan. 21 to Feb. 21 of (207348) bbl's a day - gross was 2455016
daily bump up from Feb. 21 to Mar. 21 of 129528 bbl's a day - gross was 2584544 / daily bump up from Mar. 21 to Apr. 21 of 76483 bbl's a day - gross was 2661027
TRRC skipped May production report / daily bump up from Apr. 21 to June. 21 of 63797 bbl's a day - gross was 2724824
daily bump up from June. 21 to July. 21 of 16883 bbl's a day - gross was 2741451 / daily bump up from July. 21 to Aug. 21 of 76490 bbl's a day - gross was 2817941
daily bump down from Aug. 21 to Sept. 21 of (239813) bbl's a day - gross was 2578128 / daily bump up from Sept. 21 to Oct. 21 of 365266 bbl's a day - gross was 2943394
daily bump down from Oct. 21 to Nov. 21 of (213449) bbl's a day - gross was 2729945 / daily bump up from Nov. 21 to Dec. 21 of 190408 bbl's a day - gross was 2920353
2022
daily bump down from Dec. 21 to Jan. 22 of (239,730) bbl's a day - gross was 2680623 / daily bump up from Jan. 22 to Feb. 22 of 181666 bbl's a day - gross was 2862289
daily bump down from Feb. 22 to Mar. 22 of (178736) bbl's a day - gross was 2683553 / daily bump down from Mar. 22 to Apr. 22 of (32971) bbl's a day - gross was 2650582
daily bump up from Apr. 22 to May. 22 of 2626 bbl's a day - gross was 2653208 / daily bump up from May. 22 to June. 22 of 34033 bbl's a day - gross was 2687241
daily bump up from June. 22 to July. 22 of 339780 bbl's a day - gross was 3027021 / daily bump down from July. 22 to Aug. 22 of (321345) bbl's a day - gross was 2705676
daily bump down from Aug. 22 to Sept. 22 of (71154) bbl's a day - gross was 2634522 / daily bump up from Sept. 22 to Oct. 22 of 459932 bbl's a day - gross was 3094454
daily bump down from Oct. 22 to Nov. 22 of (60635) bbl's a day - gross was 3060635 / daily bump down from Nov. 22 to Dec. 22 of (496536) bbl's a day - gross was 2564098
2023
daily bump up from Dec. 22 to Jan. 23 of 819129 bbl's a day - gross was 3383227 / daily bump down from Jan. 23 to Feb. 23 of (65408) bbl's a day - gross was 3317819
daily bump up from Feb. 23 to Mar. 23 of 53170 bbl's a day - gross was 3370989 / daily bump down from Mar. 23 to Apr. 23 of (74716) bbl's a day - gross was 3296273
daily bump down from Apr. 23 to May. 23 of (57461) bbl's a day - gross was 3238812 / daily bump down from May. 23 to June. 23 of (43424) bbl's a day - gross was 3195388
daily bump up from June. 23 to July. 23 of 8757 bbl's a day - gross was 3204145 / daily bump down from July. 23 to Aug. 23 of (279031) bbl's a day - gross was 2925114
daily bump down from Aug. 23 to Sept. 23 of (43390) bbl's a day - gross was 2881724 /
Based On The Number Of Permits Issued For The Permian - Give Or Take For Oil or Gas
101,712 Wells According To TRRC (2008 to Sept. - 2023) Texas Permian Basin Permits
That is an average of 28.3 bbl's of crude oil a day per well. Not Even 1/7 of a truck load
Note - TRRC Is Always Late In Monthly Production Data Updates & Always Back Dating Number
Return To Index Home Page - bakkenboomorbust.com
Current Tight Oil Production
Bakken/ND - BK/ND / Permian - PM / Eagle Ford - EF
Note - TRRC Is Always Late In Monthly Production Data Updates & Always Back Dating Numbers
| Texas - TRRC The Permian Basin |
Texas
-
TRRC |
Condensates - NGL - Crude Oil |
I wanna hold 'em like they do in Texas plays
Fold 'em, let 'em, hit me, raise it, baby, stay with me (I love it)
Poker Face
Drilling Deeper - 2018
A REALITY CHECK ON U.S. GOVERNMENT FORECASTS
FOR A LASTING TIGHT OIL & SHALE GAS BOOM
The Great American Oil Boom, which he helped create, is "not going to be as massive as people think."
The chances of the USA being independent in oil are very slim, Mark Papa former CEO of EOG Resources
The Fracking Bubble.
"There is no next big horizontal play waiting in the wings to follow the Bakken and Eagle Ford." EOG, CEO.
There Is No Act Three
But Thomas (EOG CEO) contends the Permian is not a pure crude oil play.
The Permian is a “combo” play–meaning that it has lots of natural gas, and natural gas liquids, but not nearly the quantity of oil that the Bakken and Eagle Ford have.
EOG’s Thomas addressed the Permian specifically at the Bernstein conference by noting
“that while the Permian has a big boe (barrel of oil equivalent) count, the play is heavy on the “e’s” and not so much on the “o’s”…….”.
“The Permian Basin is so blessed,” said Hoxie Smith, director of Midland College’s Petroleum Professional Development Center, at the forum.
“We have more oil here than anywhere in the world, probably more than Saudi Arabia, right here in this basin.”
Tens of billions of barrels of oil could still be tapped, he said.
West Texas Boom or Bust
I'm Lost In The Shuffle
Lost In The Shuffle
Comments From A Land Man
Every 35 year career geologist and engineer that I know and work with in the Permian Basin
knows that the 90% of the horizontal wells completed today are not economic.
Burn out the day Burn out the night
I'm not the one to tell you what's wrong or what's right
I've seen suns that were freezing and lives that were through
Burnin For You
Need for clarification. In a lot of articles published on the net and paper. Stated production numbers from both plays that do not add up.
Such as . Eagle Ford making 2.3 million bbl's. Look to the state agency that count's the eagle ford, Texas production.
| TRRC - Texas
Railroad Commission |
Question Is
Permian Basin - West Texas - Decline - Production Chart
We're setting sail To the place on the map from which no one has ever returned
Drawn by the promise of the joker and the fool By the light of the crosses that burn
Oh, save me. Save me from tomorrow I don't want to sail with this ship of fools
Ship Of Fools
Return To Index Home Page - bakkenboomorbust.com
To the fullest extent of the law, we will not be liable to any person or entity for the quality, accuracy, completeness, reliability, or timeliness of the information provided on this website,
or for any direct, indirect, consequential, incidental, special or punitive damages that may arise out of the use of information we provide to any person or entity
(including, but not limited to, lost profits, loss of opportunities, trading losses, and damages that may result from any inaccuracy or incompleteness of this information).
We encourage you to invest carefully and read investment information available at the websites of the SEC at http://www.sec.gov and FINRA at http://www.finra.org.
IF YOU DO NOT AGREE
WITH THE TERMS OF THIS DISCLAIMER, PLEASE EXIT THIS SITE
IMMEDIATELY. PLEASE BE ADVISED THAT YOUR CONTINUED USE
OF THIS SITE
OR THE INFORMATION PROVIDED HEREIN SHALL INDICATE YOUR
CONSENT AND AGREEMENT TO THESE TERMS.
Honor - Respect - Freedom - Country