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Title : Director's Cut -- June, 2018, Data -- PENDING
link : Director's Cut -- June, 2018, Data -- PENDING

Director's Cut -- June, 2018, Data -- PENDING

THE DIRECTOR's CUT FOR JUNE DATA HAS NOT YET BEEN POSTED

Data and comments below: still for May, 2018, Data

Director's Cut -- June, 2018 Data PENDING

Link here.

See this post.

Disclaimer: the Director's Cut summary that I try to do every month is done very, very quickly. There will be typographical and/or factual errors. That's why I have the link. If this information is important to you, go to the link.

The number is: 1,244,629 bbls/day -- preliminary new all-time high

• Crude oil: 1,244,629 bbls
• Natural gas: 2,318,754 MCF/day = 386,395 boepd
• Total: 1,632,024 boepd
• • Previous record (last month): 1,598,948

Crude oil production:

• June, 2018:
• May, 2018:  1,244,629 bbls/day
• April, 2018: 1,225,391 bbls/day (preliminary) (all-time high was 1,227,483 bbls/day back in December, 2014)
• Delta, month-over-month: 19,238 bbls; up 1.6% --

Natural gas production:

• June, 2018:
• May, 2018: 2,318,754 MCF/day (386,395 boepd) -- a new all-time record
• April, 2018: 2,242,093 MCF/day (374,000 boepd) -- previous all-time record
• March, 2018: 2,119,751 MCF/day (353,000K boepd) -- previous all-time record
• February, 2018 : 2,106,121 MCF/day (351,000 K boepd)

Well Completions:

• June, completions, preliminary: 
• May, completions, preliminary: 42
• April, completions, preliminary: 69 (preliminary); actual --> 86
• March completions: 75
• February completions: 74
• January completions: 65

DUCs + inactive wells:

• DUCs, waiting on completion: 955, up 13 from the end of April to the end of June
• inactive well count:  1,569, up 48 during same time period
• May, 2018, DUCs and inactive wells: 2,524
• see "DUC commentary," dated June 29, 2018 

Flaring:

• statewide: 83%
• statewide, Bakken: 83%
• FBIR Bakken: 77% -- federal; atrocious, compared to state
• ND goal: 88% capture; increasing to 91% beginning November 1, 2020

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