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The Permian tight oil production peaked at 5.4 million b/d in January, 2% higher than a year earlier. - Vimarsana News

The Permian tight oil production peaked at 5.4 million b/d in January, 2% higher than a year earlier.

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 the blog to explore the full interactive dashboard This interactive presentation contains the latest oil & gas production

How accurate can lease-to-well production allocation be? - Vimarsana News

How accurate can lease-to-well production allocation be?

A seemingly simple question: how much did a Texas well produce? A question fundamental to oil & gas analytics, yet difficult to answer due to the problem of lease-to-well allocation. In contrast to most states in the US, operators in Texas report oil & gas production not on well level but on lease level. A lease is comprised of a group of wells in a similar geographic area,