Ask-the-Analyst March 2019
Ask-the-Analyst: Todd Bush, Boyd Skelton, and Jonathon Clark. Do you know how many fracs have occurred in the Eagle Ford since the start of 2017? Also, how much proppant was consumed during that time? Find out tomorrow. #OilandGas #Energy #eagleford #shale
Number of fracs in the Eagle Ford basin up 4% in 2018 compared to 2017. Proppant consumption also increased by 17% during time same time period as operators used more than 24 million tons of frac sand.
We are currently estimating a net change of more than 200,000 HHP being removed from active status across the major U.S. basins during Q1’19–led in large part by the Permian basin. Although declining sequentially, the change is roughly one-quarter of the decline witnessed during Q4’18.
Pioneer, Occidental, EOG, and Concho led the way in permitting activity in the Permian (first-half 2018). Combined, they accounted for 20% of all permits.
The bottleneck for associated gas is still being felt by producers in the Permian. The upcoming 2 bcf/d Gulf Coast Express pipeline will fill up quickly and the next Permian Highway project (2 bcf/d) isn’t aimed to start its service until late 2020.
Ask-the-Analyst: Todd Bush, Boyd Skelton, and Jonathon Clark. Do you know how much traffic accidents have increased in the #Permian basin since last year? Tune in tomorrow for a traffic update. #OilandGas #Energy #shale
Since Q3’17, reported traffic accidents have increased 54% in 10 of the most active #permian counties. The top 5 highways systems in those counties were highways 20, 158, 191, 250, and 349, representing 36% of total reported accidents. Crash death count rose 32% since Q3’17 with Ector county having the highest count of 56 total deaths.
EOG, Sanchez, Conocophillips, Chesapeake, Carrizo, Marathon, and EP lead the way in the top 7 Eagle Ford counties by total fracs in the first half of 2018. The marginal bar charts, show the total number of fracs in each county among the seven operators (top) and show the total number of fracs for each operator in the top seven counties (left). EOG, Conocophillips, and Marathon were among the most active in Karnes county, while Sanchez was mostly active in just Dimmit county.