Chart of Week

U.S. crude oil production grew 11% in 2019, surpassing 12 million barrels per day

U.S. crude oil production grew 11% in 2019, surpassing 12 million barrels per day

EIA


Annual U.S. crude oil production reached another record level at 12.23 million barrels per day (b/d) in 2019, 1.24 million b/d, or 11%, more than 2018 levels. The 2019 growth rate was down from a 17% growth rate in …

U.S. Oilpatch Drilling Productivity Multiple Climbs Above 3.0

U.S. Oilpatch Drilling Productivity Multiple Climbs Above 3.0

Effective Rig Count falls by 49 in May
By Bevo Beaven, Editor, Oil & Gas 360
Oil & Gas 360 has released the latest Effective Rig Count, a measure that evaluates the state of drilling activity in the U.S. shale

Productivity Rebound Drives Higher Effective Rig Count

Productivity Rebound Drives Higher Effective Rig Count

ERC up 29 as strong productivity outweighs declining activity
By Richard Rostad, analyst, Oil & Gas 360

Oil & Gas 360 has released its latest Effective Rig Count, evaluating the state of drilling activity and reported production from the major

Efficiency Stagnating in Key Shale Basins

Efficiency Stagnating in Key Shale Basins

EERC down for fourth straight month
By Richard Rostad, analyst, Oil & Gas 360

Oil & Gas 360 has released its latest Effective Rig Count, evaluating the state of drilling activity and reported production from the major shale basins.

The

Permian, Appalachian Basins Show Largest Production Growth

Permian, Appalachian Basins Show Largest Production Growth

But Anadarko Basin faces declining production as drilling slows
By Richard Rostad, analyst, Oil & Gas 360
Oil & Gas 360 has released its latest Effective Rig Count, evaluating the state of drilling activity and reported production from the major

U.S. Drilling Efficiency Slides in Major Basins

U.S. Drilling Efficiency Slides in Major Basins

Permian expected to hit 4 MMBOPD in March
By Richard Rostad, analyst, Oil & Gas 360
EnerCom has released its latest Effective Rig Count, linking the state of drilling activity and the reported production from the major shale basins.
Oil

Frac Holiday Tanks Shale Efficiencies

Frac Holiday Tanks Shale Efficiencies

EERC drops sharply
EnerCom has released its latest Effective Rig Count, linking the state of drilling activity and the reported production from the major shale basins.
The Effective Rig Count dropped by 83 in December, meaning the Effective Rig Count

Permian Efficiency Improves: Shale Output Surges Above 8 MMBOPD

Permian Efficiency Improves: Shale Output Surges Above 8 MMBOPD

Permian efficiency wins help boost EERC
EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins.

The Effective Rig Count rose sharply in November, extending the increase

Appalachian Monthly Gas Growth Exceeds 400 MMcf/d

Appalachian Monthly Gas Growth Exceeds 400 MMcf/d

Effective Rig Count up on reported rig counts
EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins.

The Effective Rig Count rose in October, reversing the

Effective Rig Count Falls on Diminished Efficiency

Effective Rig Count Falls on Diminished Efficiency

Total EERC down 13
EnerCom has released its latest Effective Rig Count, examining the state of drilling activity correlated to production in major shale basins.

The Effective Rig Count fell this month, dropping by 13 to 2,747 effective rigs. Both

Niobrara Drilling Accelerates Ahead of Setback Vote

Niobrara Drilling Accelerates Ahead of Setback Vote

EERC falls to 2,755

EnerCom has released its latest Effective Rig Count, examining the state of drilling activity correlated to production in major shale basins.

The Effective Rig Count fell to 2,755 in August, continuing the decline seen last month. …

Permian Efficiency Falling on Transportation Constraints

Permian Efficiency Falling on Transportation Constraints

Effective Rig Count drops to 2,771: Permian oil growth slowing

EnerCom has released its latest Effective Rig Count, examining the state of drilling activity in major shale basins.

The Effective Rig Count fell to 2,771 in July, marking the first …

Eagle Ford and Permian Could Soon Produce as Much Oil as the Entire U.S. did in 2008

Eagle Ford and Permian Could Soon Produce as Much Oil as the Entire U.S. did in 2008

If current growth rates hold, the Eagle Ford and Permian will be producing as much oil as the entire U.S. in 2008 within two months

The EIA released new data and it now estimates production growth will slow slightly from …

Effective Rig Count Approaches 3,000

Effective Rig Count Approaches 3,000

U.S. shale plays are expected to produce 7.34 MMBOPD and 69.76 Bcf/d this July, a new record for overall output: EIA

EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins.

The …

EnerCom Effective Rig Count Rises to 2,826 – But Permian Efficiency Gains Tap the Brakes

EnerCom Effective Rig Count Rises to 2,826 – But Permian Efficiency Gains Tap the Brakes

Current operations 3.15 times more productive than those of January 2014

EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins.

The EERC rose in April, reaching 2,826 rigs. This indicates it …

Effective Rig Count Passes 2,700

Effective Rig Count Passes 2,700

Productivity growth is slowing

EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins.

The EERC is now 2,712, meaning the current level of growth would require 2,712 rigs from January 2014 …

Effective Rig Count in the U.S. Up to 2,670

Effective Rig Count in the U.S. Up to 2,670

EIA predicts U.S. gas production will grow by nearly 1 Bcf/d in one month

EnerCom’s Effective Rig Count rose sharply last month, as improving efficiencies combined with a jump in active rigs.

The Effective Rig Count now stands at 2,670, …

EnerCom Effective Rig Count Approaches 2,500

EnerCom Effective Rig Count Approaches 2,500

Improvements in rigs, rapid pace for pad drilling, more pumping horsepower and higher efficiencies boost effective rig count to 2,495 rigs

EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins.

The …

Effective Rig Count Nears 2,300

Effective Rig Count Nears 2,300

Efficiencies increasing once again

EnerCom has released the latest Effective Rig Count, examining the state of drilling activity in major shale basins.

The Effective Rig Count rose in November, growing to 2,298, up from 2,284 the prior month. The number …

EnerCom Effective Rig Count Falls By 13

EnerCom Effective Rig Count Falls By 13

Efficiency up, rig count down

EnerCom has released the latest Effective Rig Count edition, examining the state of drilling activity in major shale basins.

The Effective Rig Count fell slightly in October, dropping from 2,219 to 2,212. While output per …

Effective Rig Count Ticks Down, First Decrease since Bottom of Downturn in 2016

Effective Rig Count Ticks Down, First Decrease since Bottom of Downturn in 2016

EERC drops by 13

EnerCom released its monthly EnerCom Effective Rig Count today, for August, reporting an equivalent 2,353 rigs active in the U.S., down from 2,366 last month. The Effective Rig Count adjusts reported rig counts for increasing efficiency …

SCOOP/STACK Comes to the Effective Rig Count

SCOOP/STACK Comes to the Effective Rig Count

Anadarko EERC is 404, 2.5 times higher than reported rig count

EnerCom has added the Anadarko Basin to the Effective Rig Count, bringing in the second most active basin in the U.S. With the addition of the Anadarko Basin, the …

Effective Rig Count Breaks 2,000 for First Time in June

Effective Rig Count Breaks 2,000 for First Time in June

Permian EERC pushes to 1,135

EnerCom released its monthly EnerCom Effective Rig Count today.

The Effective Rig Count now reports an equivalent 2,015 rigs active in the U.S., up from 1954 last month. The Effective Rig Count adjusts reported rig …

Nationwide Effective Rig Count Approaches 2,000

Nationwide Effective Rig Count Approaches 2,000

Current rigs generating 3x more production than Jan 2014 rigs

EnerCom released its monthly EnerCom Effective Rig Count today.

The Effective Rig Count reports an equivalent of 1,939 rigs active in the U.S. in May, up from 1,854 last month. …

Rigs Add 11, Rally Continues for 21st Week

Rigs Add 11, Rally Continues for 21st Week

Highest rig count since April 2015

U.S. rigs, driven by shale activity, continued their relentless climb this week, according to Baker Hughes’ Weekly Rig Count.

The total number of rigs active in the U.S. increased by 11, bringing the U.S. …

EnerCom Effective Rig Count Equates to 1,109 Rigs in the Permian

EnerCom Effective Rig Count Equates to 1,109 Rigs in the Permian

U.S. added the most land rigs since April 2015

The U.S. rig count has finally exceeded 900 rigs, according to Baker Hughes’ (ticker: BHI) most recent weekly rig count.

American land rigs added 14 for a total of 878 rigs …

Permian Effective Rig Count 1,109

Permian Effective Rig Count 1,109

Nationwide EERC higher than ever at 1,873

EnerCom released its monthly EnerCom Effective Rig Count today. Launched in January, the EnerCom Effective Rig Count seeks to account for improved productivity in recent developments.

The downturn forced companies to innovate and …

EnerCom Effective Rig Count Rises to 1,765

EnerCom Effective Rig Count Rises to 1,765

Utica rigs have seen largest productivity increase

EnerCom released its EnerCom Effective Rig Count today. Launched in January, the Effective Rig Count seeks to account for improved productivity from recent development. New technologies and techniques have allowed wells to be …

Slowing Demand For Coal Sees Total Energy Production Fall 4%: EIA

Slowing Demand For Coal Sees Total Energy Production Fall 4%: EIA

Natural gas exports exceed coal exports in record milestone

Total energy production in the U.S. was down in 2016, the first decrease since 2009, according to a note released by the EIA today. U.S. primary energy production totaled 84.1 quadrillion …

EnerCom Effective Rig Count: 1,653

EnerCom Effective Rig Count: 1,653

Eagle Ford, Marcellus Rigs Most Productive: EIA Report

The EIA released its monthly Drilling Productivity Report today, outlining recent drilling and production activity. This report focuses on the Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara, Permian and Utica. According to the …