{"id":15125,"date":"2015-12-09T07:55:35","date_gmt":"2015-12-09T12:55:35","guid":{"rendered":"http:\/\/olduvai.ca\/?p=15125"},"modified":"2015-12-09T07:55:35","modified_gmt":"2015-12-09T12:55:35","slug":"eia-says-shale-continues-to-decline","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=15125","title":{"rendered":"EIA Says Shale Continues to Decline"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/peakoilbarrel.com\/eia-says-shale-continues-to-decline\/\" target=\"_blank\">EIA Says Shale Continues to Decline<\/a><\/h3>\n<div class=\"entry-meta\">The EIA\u2019s\u00a0<a href=\"https:\/\/www.eia.gov\/petroleum\/drilling\/\">Drilling Productivity Report<\/a>\u00a0has US shale oil on a steep decline. The below shale oil production charts are the EIA\u2019s estimate of what shale production will look like through January 2016. Keep in mind this is the EIA\u2019s estimate and not hard production numbers.<\/div>\n<\/header>\n<div class=\"entry-content\">\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Totals.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10507\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Totals.jpg\" alt=\"DPR Totals\" width=\"640\" height=\"312\" \/><\/a><\/p>\n<p>The big drops here are Eagle Ford, Bakken and Niobrara. They have the Permian still increasing in production. An expected drop of 116,000 barrels per day drop in January is very significant.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Bakken1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10506\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Bakken1.jpg\" alt=\"DPR Bakken\" width=\"767\" height=\"420\" \/><\/a><\/p>\n<p>They have the Bakken in a continual decline after July. It is important to note that the EIA\u2019s Drilling Productivity Report has the Bakken decline, July thrugh September, very close to what the North Dakota Industrial Commission has. So it appears that the DPR is getting better with its production estimates.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Eagle-Ford.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10510\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Eagle-Ford.jpg\" alt=\"DPR Eagle Ford\" width=\"767\" height=\"419\" \/><\/a><\/p>\n<p>Eagle Ford is where the action is, or isn\u2019t, depending on your point of view. Dropping 77,000 barrels per day to start the New Year does not bode well for shale production in 2016.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Niobrara.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10511\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Niobrara.jpg\" alt=\"DPR Niobrara\" width=\"786\" height=\"421\" \/><\/a><\/p>\n<p>Niobrara appears to have the steepest drop since the March peak. But actually they, if the DPR is correct, will be down 28.37% since March while Eagle Ford is down 29.81%, The Bakken will be down 10.35% while the Permian will be up 7.59%.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Permian.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10512\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/12\/DPR-Permian.jpg\" alt=\"DPR Permian\" width=\"787\" height=\"424\" \/><\/a><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>EIA Says Shale Continues to Decline The EIA\u2019s\u00a0Drilling Productivity Report\u00a0has US shale oil on a steep decline. The below shale oil production charts are the EIA\u2019s estimate of what shale production will look like through January 2016. Keep in mind this is the EIA\u2019s estimate and not hard production numbers. The big drops here are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[251,267,595,6245,6074,723],"class_list":["post-15125","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-eia","tag-energy-information-administration","tag-oil-production","tag-peak-oil-barrel","tag-ron-patterson","tag-shale-oil"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15125"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15125\/revisions"}],"predecessor-version":[{"id":15126,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/15125\/revisions\/15126"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}