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Permian Basin  - West Texas
The USA is 5 % Of The World Population And They Use 25 % (16 to 21 million bbls - A Day - 14583 bbls a minute) 
Of The Daily World Production (85 to 95 million bbls - A Day - 66000 bbls a minute).

    What The Permian Produces In One Day. 1,632,930 Barrels Sept. 2017 - The USA burns in 112 minutes. The World Burns in 25 minutes.
(1134 bbls a minute - 1,632,930 - daily average - Sept. - 2017)  Texas Permian Basin Production


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

2014
A daily bump up from June 2014 to July 2014 of 32493 bbls a day  /  A daily bump up from July 2014 to August 2014 of 17867 bbls a day
A daily bump up from August 2014 to Sept. 2014 of 11959 bbls a day  /  A daily bump up from Sept. 2014 to Oct. 2014 of  18880 bbls a day
A daily bump up from Oct. 2014 to Nov. 2014 of  15452 bbls a day  /  A daily bump up from Nov. 2014 to Dec. 2014 of  36212 bbls a day

2015
daily bump down  from Dec. 14 to Jan. 15 of (138930) bbls a day - gross was 1061450 /
daily bump up from Jan. 15 to Feb. 15 of 98372 bbls 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 bbls a day - gross was 1191122  daily bump up from Mar. 15 to Apr. 15 of 29869 bbls a day - gross was 1220991
daily bump up from Apr. 15 to May. 15 of 57574 bbls a day - gross was 1278565  daily bump up from May. 15 to June. 15 of 20328 bbls a day - gross was 1298893
daily bump up from June. 15 to July. 15 of 12065 bbls a day - gross was 1310958  daily bump up from July. 15 to Aug. 15 of 8627 bbls a day - gross was 1319585
daily bump up from Aug. 15 to Sept. 15 of 19827 bbls a day - gross was 1339412  /   daily bump up from Sept. 15 to Oct. 15 of 7966 bbls a day - gross was 1347378
daily bump up from Oct. 15 to Nov. 15 of 5263 bbls a day - gross was 1352641  /  daily bump up from Nov. 15 to Dec. 15 of 31176 bbls a day - gross was 1383817

2016
daily bump down  from Dec. 15 to Jan. 16 of (83725) bbls a day - gross was 1300092
daily bump up from Jan. 16 to Feb. 16 of 42026  bbls 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  bbls a day - gross was 1390234  /  daily bump up from Mar. 16 to Apr. 16 of 27268  bbls a day - gross was 1417502
daily bump up from Apr. 16 to May. 16 of 2508  bbls a day - gross was 1420010  /   daily bump up from May. 16 to June. 16 of 23945 bbls a day - gross was 1443955
daily bump up from June. 16 to July. 16 of 18166 bbls a day - gross was 1462121  /  daily bump up from July. 16 to Aug. 16 of 9717 bbls a day - gross was 1471838
daily bump up from Aug. 16 to Sept. 16 of 4998 bbls a day - gross was 1476838  /  daily bump up from Sept. 16 to Oct. 16 of 3187 bbls a day - gross was 1480025
daily bump up from Oct. 16 to Nov. 16 of 9118 bbls a day - gross was 1489183 /   daily bump up from Nov. 16 to Dec. 16 of 8899 bbls a day - gross was 1498082

2017
daily bump down from Dec. 16 to Jan. 17 of (103399) bbls a day - gross was 1394683  /  daily bump up from Jan. 17 to Feb. 17 of 80131 bbls a day - gross was 1474814
daily bump up from Feb. 17 to Mar. 17 of 12431 bbls a day - gross was 1487245  /  daily bump up from Mar. 17 to Apr. 17 of 78101 bbls a day - gross was 1565346
daily bump down from Apr. 17 to May. 17 of (6332) bbls a day - gross was 1559014  /  daily bump up from May. 17 to June. 17 of 41401 bbls a day - gross was 1600415
daily bump up from June. 17 to July. 17 of 9908 bbls a day - gross was 1610323  /  daily bump up from July. 17 to Aug. 17 of 18161 bbls a day - gross was 1628484
daily bump up from Aug. 17 to Sept. 17 of 4446 bbls a day - gross was 1632930  /

Based On The Number Of Permits Issued For The Permian - Give Or Take For Oil or Gas
 
70,277 Wells According To TRRC (2008 to Sept. - 2017)
Texas Permian Basin Permits
That is an average of 23.2 bbls of crude oil a day per well. Not Even 1/10 of a truck load

Note - TRRC Is Always Late In Monthly Production Data Updates & Always Back Dating Numbers
But According to TRRC
Texas Permian Basin Well Count
Currently  133,000 total wells are carried on the proration schedule in the Permian Basin,
 22,000 of which are listed as active injection/disposal wells and 82,000 of  which are listed as active producing wells.
  The TRRC proration schedule is a list of oil and gas wells on schedule to produce and submit monthly production reports to the Commission.
That is an average of 13 bbls of crude oil a day per well. Not Even 1/15 of a truck load

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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
Released - October 2014
A REALITY CHECK ON U.S. GOVERMENT 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”…….”.

New Projections

Dreams flow across the heartland Feeding on the fires Dreams transport desires Drive you when you're down
Dreams transport the ones who need to get out of town
Middletown Dreams

“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 A 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.


Wood Mac - Capex Increasing

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 alot 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 bbls". 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




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