Skip to content
800-884-8290

|

Login
  • About Us
  • Services
    • Strategic Advisory
    • Margin Management
    • Proprietary Research
    • Brokerage & Insurance
  • Research
    • Dairy
    • Livestock
    • Grain & Oilseeds
    • Ethanol & Biodiesel
  • Account
  • Quotes
  • Contact Us

EIA Drilling Productivity Report Update – Sep ’15

  • September 16, 2015
  • by wbabler
According to the EIA’s September Drilling Productivity Report, U.S. oil output is expected to continue to decline through Oct ’15. The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation, estimates of drilling productivity, and estimated changes in production from existing wells to provide estimated changes in oil production for the seven key regions shown below. The seven regions analyzed have accounted for 95% of domestic oil production growth from 2011-2013. Oil Production in Seven Key Regions - Sep Sep ’15 shale production was revised higher by approximately 16,000 barrels per day (bpd), or 0.3%, but is expected to remain approximately 80,000 bpd, or 1.5%, below Aug ’15 production levels. Oct ’15 production is expected to decline an additional 80,000 bpd, or 1.5%, from the Sep ’15 revised production levels to 5.21 million bpd, an eleven month low. US Oil Production - Sep The projected MOM declines in oil production throughout 2015 have been the largest experienced since the report was originated in 2007. The Oct ’15 projected declined in oil production was only slightly less than the largest decline on record. US Oil Production Change from Previous Month - Sep Projected MOM declines in oil production continue to be led by the Eagle Ford, Bakken and Niobrara regions. The aforementioned regions are expected to experience MOM production declines of 4.2%, 1.8% and 4.7%, respectively in Oct ’15. Growth is expected to continue within the Permian and Marcellus regions, with projected production up 1.1% and 0.5% MOM, respectively, in Oct ’15. US Oil Production by Region - Sep
Dairy
Ethanol
Livestock
Grain

Recent Ethanol & Biodiesel Research

  • Ethanol Exports – Oct ’22
  • Weekly Petroleum Stocks Update – 10/14/22
  • Weekly Ethanol Update – 08/05/22
  • Weekly Ethanol Update – 5/25/22
  • EIA Drilling Productivity Report Update – May ’22
Atten Babler Risk Management LLC
11406 US Route 20 W
Galena, IL 61036
800-884-8290
Atten Babler Risk Management LLC use sources that they believe to be reliable, but they cannot warrant the accuracy of any of the data included in this site. Opinions and market data are subject to change at any time. Unless otherwise stated the information contained herein is meant for informational purposes only and is not a solicitation to enter into any transaction.
© Copyright 2023 Atten Babler Risk Management LLC