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The EIA’s Drilling Productivity Report

The EIA’s Drilling Productivity Report The EIA has released its latest Drilling Productivity Report. There were some interesting data presented in the report. They say the Bakken peaked at 1,311,703 barrels per day in March and will have declined by 74,763 bpd in July. The EIA says the Bakken will get 51,000 barrels per day in […]

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Worldwide Drilling Productivity Report

Worldwide Drilling Productivity Report The EIA publishes what they call a Drilling Productivity Report in which they claim that each rig is getting more productive, that is each rig produces just a little more oil each month than it did the previous month. But over the long haul, I find that the exact opposite is true. In […]

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