Lower 48 natural gas production is expected to increase month/month in October in almost every major basin, with oil output set to climb in most regions too, federal researchers said Monday.
The Drilling Productivity Report (DPR), compiled every month by the Energy Information Administration, indicated that gas production is predicted to increase in October from September in six of the seven major onshore basins.
The DPR estimates gas and oil gains for the Anadarko, Appalachia, Haynesville and Permian basins, along with the Bakken and Eagle Ford shales and the Niobrara formation.
Overall, gas output is forecast to increase in October from September across the Lower 48 by 219 MMcf/d to average 87.34 Bcf/d, EIA researchers said.
The biggest bump in gas production is predicted in the Haynesville Shale, with output up by 82 MMcf/d to nearly 13.50 Bcf/d in October. Appalachia gas production should climb by 74 MMcf/d to 34.86 Bcf/d, researchers said. Permian Basin gas production is predicted to increase by 63 MMcf/d to 18.76 Bcf/d.
The Niobrara formation in Colorado should see gas production increase by 19 MMcf/d to 5.11 Bcf/d in October. Eagle Ford Shale gas output is forecast to increase by 10 MMcf/d to 6.00 Bcf/d. Bakken Shale gas output is predicted to climb by 8 MMcf/d to 3.01 Bcf/d.
Only Anadarko Basin gas production is seen falling month/month, down by 37 MMcf/d to 6.10 Bcf/d.
Meanwhile, Lower 48 oil production should climb by 66,000 b/d overall from September, with output averaging 8.135 million b/d in October, EIA’s researchers said.
The Permian is expected to be responsible for most of the oil gains month/month, with output rising by 53,000 b/d to 4.826 million b/d.
The Niobrara’s oil production is predicted to increase by 9,000 b/d to 585,000 b/d, while Bakken output is forecast to increase by 5,000 b/d to 1.144 million b/d. Appalachia oil production is expected to increase by 1,000 b/d to average 126,000 b/d in October.
Flat oil production is predicted in the Eagle Ford and in the Haynesville. Eagle Ford output should average 1.053 million b/d in October, the same as it was in September, while Haynesville production is predicted to average 34,000 b/d, flat month/month.
Anadarko also is the only basin predicted to see lower oil output from September, with an average of 367,000 b/d, down by 2,000 b/d from September.
The drilled but uncompleted well count, aka DUCs, were down in every region in August from July. The total declined by 248 to end at 5,713, researchers said.
The Permian led the way on completing wells, with 130 more finished to end at 2,119 in August. There were 43 wells completed in the Eagle Ford, to end at 869. In the Bakken, the DUC count fell by 27 to 563, while Anadarko’s came down by 19 to 819.
Operators also brought down the DUC count in Appalachia, completing 16 more wells to end at 547 in August. There also were nine DUCs finished in the Niobrara, with 371 still awaiting completion. There also were four wells completed in the Haynesville during August, bringing its DUC count down to 371.
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