This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing.


Permian tight oil production set a new 11-month high in March, more than compensating the record drop in the preceding month. The outlook is positive with the recent increase in rig counts and with more permits being filed (esp. by EOG)

Enno Peters's picture
CEO ShaleProfile

Background in AI, worked on developing Supply Chain Planning & Optimization solutions for Quintiq, setting up its business in China. Focus on company direction and the technical development...

  • Member since 2018
  • 254 items added with 545,336 views
  • Jun 17, 2021

This article contains still images from the interactive dashboards available in the original blog post. To follow the instructions in this article, please use the interactive dashboards. Furthermore, they allow you to uncover other insights as well.

Visit ShaleProfile blog to explore the full interactive dashboard

This interactive presentation contains the latest oil & gas production data from all 30,700 horizontal wells in the Permian (Texas & New Mexico) that started producing from 2008/2009 onward, through March 2021.

Total Production

Tight oil production in the Permian rose by 800 thousand bo/d in March (horizontal wells only), more than compensating the fall in the preceding month due to the cold weather. At 3.9 million bo/d, output was the highest since April last year.

Supply Projection

Although the rise in the horizontal rig count has slowed in recent months, the 227 rigs drilling horizontal wells here as of last week (according to Baker Hughes) should allow output also to slowly start increasing again:

Tight oil outlook in the Permian, based on current drilling activity & well productivity

This screenshot was taken from our Supply Projection dashboard.

Well productivity

As reported in earlier posts on this basin, average well productivity has increased somewhat since 2016, but after normalizing for the increase in lateral length, results are slightly down:

Well productivity in the Permian basin; average oil production rate vs. cumulative oil recovered, per 1,000 ft of lateral length, by vintage.

As is visible in the chart on the right, wells completed in recent years are trending towards somewhat lower ultimate recoveries per 1,000 ft of lateral length.

Permit activity

So far in Q2 (through June 16th), 1,494 permits for new horizontal wells have been approved in the Permian basin, the highest quarterly number since Q1 last year, when almost 2,300 locations were permitted:

Permit activity for horizontal drills by quarter and latest permit status, since 2012

The following dashboard, also taken from our Permit Activity dashboard, shows the approved permits in Q2 by operator:

Ranking of operators by approved permits in Q2

EOG is far in the lead, with 217 approved permits, more than double the number 2 (Occidental, with 104). Note that the interactive version of this dashboard allows you to see exactly where the permitted locations are, together with other permit details.

Top operators

In the final tab (“Top operators”) the production and well positions are displayed for the 10 largest producers in the Permian. Pioneer Natural Resources and ConocoPhillips, the numbers 1 and 2, both set new production records in March.


We will have a new post on the Eagle Ford early next week, followed by a post on Pennsylvania.

Production and completion data are subject to revisions.

Note that a significant portion of production in the Permian comes from vertical wells and/or wells that started production before 2008, which are excluded from these presentations.


For these presentations, I used data gathered from the following sources:

  • Texas RRC. Oil production is estimated for individual wells, based on a number of sources, such as lease & pending production data, well completion & inactivity reports, regular well tests, and oil production data.
  • OCD in New Mexico. Individual well production data is provided.


Visit our blog to read the full post and use the interactive dashboards to gain more insight:

Follow us on Social Media:

Twitter: @ShaleProfile

LinkedIn: ShaleProfile

Facebook: ShaleProfile


No discussions yet. Start a discussion below.

Enno Peters's picture
Thank Enno for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »