Cam com sex talk - Consolidating acrage

We will continue to monitor commodity prices throughout the year and may revise the capital budget lower if conditions warrant.” The

We will continue to monitor commodity prices throughout the year and may revise the capital budget lower if conditions warrant.” The $1.6 billion drilling and completion budget represents a 33% reduction in drilling and completion capital compared with the 2014 budget.

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We will continue to monitor commodity prices throughout the year and may revise the capital budget lower if conditions warrant.” The $1.6 billion drilling and completion budget represents a 33% reduction in drilling and completion capital compared with the 2014 budget.

.6 billion drilling and completion budget represents a 33% reduction in drilling and completion capital compared with the 2014 budget.

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Each month, the EIA estimates the productivity of the US shale rig fleet for seven major shale producing areas including the Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara, Permian, and Utica.

Let's begin by briefly reviewing the EIA Drilling Productivity Report model methodology using a numerical example in parenthesis.

Permian producers are consolidating acreage to drill longer laterals as they shift to development mode from exploration mode.

Recent headlines from journalists and industry veterans alike have pointed to the latest EIA Drilling Productivity Report (DPR) as a sign that US oil production growth rates are slowing and that the growth in Permian productivity has stalled out. BTU Analytics would contend that those hoping that Permian productivity has hit a peak and thus US oil production forecasts are overblown are deceiving themselves.

US oil production growth rates are slowing, and growth in Permian productivity has stalled out.

Permian rig productivity peaked in August 2016 at 707 barrels per rig and has declined to an estimated 597 barrels per rig.Paul Rady, Antero chairman and chief executive officer, still expects the company will increase production 40% despite the drilling and completion reductions. “Based on our projections for 2015, we will not have access to favorable markets for Marcellus gas in excess of the volumes included in our guidance until the previously disclosed regional pipeline project is placed into service, which is currently projected to be in the fourth quarter,” he said.“Consequently, we have adjusted our Marcellus plan so that we can sell the vast majority of our gas into more favorable markets.Practitioners and industry advocates aim to preserve the coveted like-kind exchange tax-deferred treatment that could be threatened if Congress considers revenue-raising ideas proposed by former House Ways and Means Committee Chair Dave Camp.Camp’s Tax Reform Act of 2014 lowered individual and corporate rates and paid for it with more than 200 revenue raisers that were vetted and priced.By mid-year, it plans to have just one or two rigs in the Eagle Ford.

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