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Title : July, 2017, Data Is Posted -- Director's Cut
link : July, 2017, Data Is Posted -- Director's Cut

July, 2017, Data Is Posted -- Director's Cut

Director's Cut for July, 2017, data.

Link here.

The usual disclaimer applies.

Oil production

• July, 2017:
• June, 2017: 1,032,495 bopd (9.6% more than in December, 2016)
• Delta: 

Producing wells:

• July, 2017:
• June, 2017: 13,915 (395 more than in December, 2016)
• Delta:

Permitting

• July, 2017:
• June, 2017: 109

Oil price:

• today: $38.25
• August:
• July: $35.83
• June: $34.72

Rig count:

• today: 57
• August: 
• July: 58
• June: 55

Wells not producing:

• waiting on completion: pending; xxx; up xx from the end of June to the end of July
• estimated inactive well count: x,xxx; down 53 from the end of June to the end of July

Takeaway capacity:

• July data: 
• June data: including CBR to coastal refineries is more than adequate
• May data: including CBR to coastal refineries is more than adequate (major change in verbiage)

Natural gas capture:

• statewide: 
• FBIR: 
• goal: 88% through October 31, 2020; then 91%
• comment: the trend continues -- large amount of flaring on BLM land

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