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Drilling Productivity Report

Release Date: February 12, 2024 Next Release Date: March 18, 2024 full reportPDF
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New-well oil production per rig
barrels/day
New-well gas production per rig
thousand cubic feet/day
Region February 2024 March 2024 change February 2024 March 2024 change
Anadarko 713 714 1 4,739 4,772 33
Appalachia 235 236 1 27,695 27,950 255
Bakken 1,717 1,726 9 2,611 2,624 13
Eagle Ford 1,645 1,650 5 6,057 6,063 6
Haynesville 15 15 - 13,544 13,571 27
Niobrara 1,486 1,488 2 4,479 4,523 44
Permian 1,345 1,358 13 2,503 2,514 11
Rig-weighted average 1,158 1,172 14 5,939 5,954 15
Oil production
thousand barrels/day
Gas production
million cubic feet/day
Region February 2024 March 2024 change February 2024 March 2024 change
Anadarko 384 383 (1) 6,581 6,556 (25)
Appalachia 154 152 (2) 36,484 36,408 (76)
Bakken 1,203 1,206 3 3,350 3,364 14
Eagle Ford 1,140 1,145 5 7,411 7,426 15
Haynesville 33 33 - 16,624 16,534 (90)
Niobrara 711 712 1 5,372 5,375 3
Permian 6,071 6,085 14 24,628 24,762 134
Total 9,696 9,716 20 100,450 100,425 (25)
Drilled but uncompleted wells (DUC)
wells
Region December 2023 January 2024 change
Anadarko 699 698 (1)
Appalachia 772 780 8
Bakken 324 321 (3)
Eagle Ford 348 350 2
Haynesville 737 745 8
Niobrara 677 653 (24)
Permian 842 839 (3)
Total 4,399 4,386 (13)

The Drilling Productivity Report (DPR) rig productivity metric new-well oil/natural gas production per rig can become unstable during periods of rapid decreases or increases in the number of active rigs and well completions. The metric uses a fixed ratio of estimated total production from new wells divided by the region's monthly rig count, lagged by two months. The metric does not represent new-well oil/natural gas production per newly completed well.

The DPR metric legacy oil/natural gas production change can become unstable during periods of rapid decreases or increases in the volume of well production curtailments or shut-ins. This effect has been observed during winter weather freeze-offs, extreme flooding events, and the 2020 global oil demand contraction. The DPR methodology involves applying smoothing techniques to most of the data series because of inherent noise in the data.

February 2024 Supplement: Initial 180-Day Production Trends in Major U.S. Shale Regions.

September 2021 Supplement: Gas-to-oil ratios in U.S. primary oil-producing regions.

January 2021 Supplement: Base production in North Dakota has fully recovered after a significant reduction.

September 2020 Supplement: With low rig counts, the inventory of drilled but uncompleted (DUC) wells provides short-term reserve for completions of new wells.

August 2020 Supplement: Rig counts fall but new-well production per rig rise as new-well production persists.

March 2020 Supplement: Base production accounts for a material share of total U.S. tight oil production.