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ger possible to the same extent. We can observe the resulting slowdown in productivity gains beginning around August in the Permian, October in the Bakken, and in forecast figures for the Eagle Ford in December. A second and more neutral assumption is that the level drilling activity EFTA01476143 r
f 440 kb/d will be extended over the coming months. A key assumption is that rig productivity growth will remain subdued in the major basins of the Bakken, Permian and Eagle Ford as the rate of contraction in drilling activity also slows. This is explained by the notion that a sharper rise in product
/d will be extended over the coming months. A key assumption is that rig productivity growth will remain subdued in the major basins of the Bakken, Permian and Eagle Ford as the rate of contraction in drilling activity also slows. This is explained by the notion that a sharper rise in productivity is
s. Look for thoughts around potential for further incremental improvements from here, as well as the impact of high density completions in both the Bakken and Permian. • Decision Points for Growth: The key question around a pick-up in activity remains at what combination of price and service cost def
sts are currently averaging 4.5% below 2015 plan assumptions, with confidence in updated targets of 10% average decline from FYI 5 plan, led by the Permian, with declines of 8%/ 12%, captured/targeted. • Asset performance: High density completions in the Eagle Ford are tracking -23% ahead of prior (2
decline statistics by region, lead to the below sensitivities in supply growth. These figures deal with onshore tight oil regions only (Anadarko, Bakken, Permian, Appalachian, Eagle Ford, Haynesville and Niobrara), excluding some conventional and all offshore production. Caveats are that the profile
f 0.5-1.0 million hhp could begin to be delivered in the first quarter. This has the ability to raise the completed/drilled ratio from 0.73 in the Permian and 0.86 in all other regions towards 0.95, and lifting productivity. This would be a reversal of the decline in completions since September 2016 w
Entities connected to both Bakken and Permian
Deutsche Bank Securities Inc.
ORGANIZATIONEagle Ford
ORGANIZATION
Venezuela
LOCATION
North America
LOCATIONHY Multi Sector
ORGANIZATION
Philippines
LOCATION
Malaysia
LOCATIONNiobrara
PERSON
Bloomberg L.P.
ORGANIZATION