PDF Permian Region September 2019 Drilling Productivity Report

Permian Region

Drilling Productivity Report

April 2023

drilling data through March projected production through May

Oil -1

barrels/day

month over month

1,056 May 1,057 April

barrels/day

Monthly additions from one average rig

May 2,032 April 2,053

thousand cubic feet/day

Gas -21

thousand cubic feet/day

month over month

Permian Region New-well oil production per rig

barrels/day 1,600

new-well oil production per rig rig count

1,200

Rig count rigs 600

500

400

800

300

200 400

100

0

0

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Permian Region

New-well gas production per rig

Rig count

thousand cubic feet/day 9,600

rigs

new-well gas production per rig

rig count

600

500 7,200

400

4,800

300

200 2,400

100

0

0

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Permian Region Legacy oil production change thousand barrels/day

800

400

0

(400)

(800)

(1,200) 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Permian Region Indicated change in oil production (May vs. Apr)

thousand barrels/day +369 400

-356

+13

300

200

100

0

Apr

Production Legacy

Net

5,681

from

production change

Mbbl/d new wells change

May 5,694 Mbbl/d

Permian Region Legacy gas production change million cubic feet/day 2,000

1,000

0

(1,000)

(2,000)

(3,000) 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

Permian Region Indicated change in natural gas production (May vs. Apr)

million cubic feet/day 800

+709

-632

+77

600

400

200

0

Apr

Production Legacy

Net

22,437

from

production change

MMcf/d new wells change

May 22,514 MMcf/d

Permian Region Oil production thousand barrels/day

6,000

Oil +13

thousand barrels/day

month over month

5,000

4,000

3,000

2,000

1,000

0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

U. S. Energy Information Administration | Drilling Productivity Report

Permian Region Natural gas production million cubic feet/day

36,000

Gas +77

million cubic feet/day

month over month

30,000

24,000

18,000

12,000

6,000

0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

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