the petronerds podcast - episode # 2: the activity behind ... · continental resources, oasis...
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PetroNerds LLC | www.petronerds.com | 970-329-1645 1
The PetroNerds Podcast - Episode # 2:
The Activity Behind the Earnings Calls: Continental Resources, Oasis Petroleum, Pioneer Natural Resources, EOG Resources
November 2016Trisha Curtis – Co-Founder, PetroNerds, [email protected]
© 2016 PetroNerds LLC | www.petronerds.com | 970-329-1645 2
• Tight Oil Tallies – Sample pages from the November Issue
Sign up for a free trial of the PetroNerds Bundle to get access to this podcast’s full slide deck as well Tight Oil Tallies: http://www.petronerds.com/products-and-
services/the-petronerds-bundle/
• Continental Resources• Oasis Petroleum• Pioneer Natural Resources• EOG Resources
Outline
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Tight Oil Tallies - Eagle Ford
Source: PetroNerds, Raw Data DrillingInfo
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Tight Oil Tallies - Permian Basin
Source: PetroNerds, Raw Data DrillingInfo
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Tight Oil Tallies - Williston Basin
Source: PetroNerds, Raw Data DrillingInfo
© 2016 PetroNerds LLC | www.petronerds.com | 970-329-1645 6
Continental Resources
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Continental Resources Overview
Source: PetroNerds, Raw Data DrillingInfo
-
100
200
300
400
500
-
100,000
200,000
300,000
400,000
1/1
/20
00
12
/1/2
00
0
11
/1/2
00
1
10
/1/2
00
2
9/1
/20
03
8/1
/20
04
7/1
/20
05
6/1
/20
06
5/1
/20
07
4/1
/20
08
3/1
/20
09
2/1
/20
10
1/1
/20
11
12
/1/2
01
1
11
/1/2
01
2
10
/1/2
01
3
9/1
/20
14
8/1
/20
15
7/1
/20
16
Continental Resources Anadarko Basin Production
WCNT LIQ GAS
-
500
1,000
1,500
2,000
-
50,000
100,000
150,000
200,000
250,000
300,000
1/1
/20
00
11
/1/2
00
0
9/1
/20
01
7/1
/20
02
5/1
/20
03
3/1
/20
04
1/1
/20
05
11
/1/2
00
5
9/1
/20
06
7/1
/20
07
5/1
/20
08
3/1
/20
09
1/1
/20
10
11
/1/2
01
0
9/1
/20
11
7/1
/20
12
5/1
/20
13
3/1
/20
14
1/1
/20
15
11
/1/2
01
5
Continental Resources - Williston Basin Production
WCNT LIQ GAS
14,000 b/d
280,000 mcf/d
353 wells
101,000 b/d
202,000 mcf/d
1,755 wells
© 2016 PetroNerds LLC | www.petronerds.com | 970-329-1645 8
Oasis Petroleum
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Oasis Petroleum
-
100
200
300
400
500
600
700
800
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
1/1
/00
2/1
/01
3/1
/02
4/1
/03
5/1
/04
6/1
/05
7/1
/06
8/1
/07
9/1
/08
10
/1/0
9
11
/1/1
0
12
/1/1
1
1/1
/13
2/1
/14
3/1
/15
4/1
/16
Wel
l Co
un
t
b/d
an
d m
cf/d
Oasis Petroleum Production
WCNT LIQ GAS
-
100
200
300
400
500
600
700
800
0 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 48 51 54 57 60 63 66
b/d
Months
Oasis Petroleum Type Curve
2011 2012 2013 2014 2015 2016
18 wells 201675 wells 2016
671 b/d IP 2016, 538 b/d IP, 325 b/d IP 2014
August 201652,000 b/d 87,000 mcf/d 744 Wells
Source: PetroNerds, Raw Data DrillingInfo
Total Oasis Well Count Wells since Jan 2015 - 9678 – 201518 – 2016
© 2016 PetroNerds LLC | www.petronerds.com | 970-329-1645 10
Pioneer Natural Resources
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Pioneer Natural Resources
-
100
200
300
400
500
600
700
-
100,000
200,000
300,000
400,000
500,000
10
/1/2
00
9
4/1
/20
10
10
/1/2
01
0
4/1
/20
11
10
/1/2
01
1
4/1
/20
12
10
/1/2
01
2
4/1
/20
13
10
/1/2
01
3
4/1
/20
14
10
/1/2
01
4
4/1
/20
15
10
/1/2
01
5
4/1
/20
16
# o
f w
ells
b/d
an
d m
cf/d
Pioneer Natural Resources - Eagle Ford Reservoir Production
WCNT LIQ GAS
-
2,000
4,000
6,000
8,000
-
100,000
200,000
300,000
400,000
1/1
/20
00
1/1
/20
01
1/1
/20
02
1/1
/20
03
1/1
/20
04
1/1
/20
05
1/1
/20
06
1/1
/20
07
1/1
/20
08
1/1
/20
09
1/1
/20
10
1/1
/20
11
1/1
/20
12
1/1
/20
13
1/1
/20
14
1/1
/20
15
1/1
/20
16
# o
wel
ls
b/d
an
d m
cf/d
Pioneer Natural Resources - Permian Basin Production
WCNT LIQ GASSource: PetroNerds, Raw Data DrillingInfo
Aug 201641,000 b/d255,000 mcf/d 594 wells
Aug 2016175,000 b/d354,000 mcf/d 7,455 wells
© 2016 PetroNerds LLC | www.petronerds.com | 970-329-1645 12
EOG Resources
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EOG Resources - Rockies
-
100
200
300
400
500
600
700
-
20,000
40,000
60,000
80,000
100,000
120,000
4/1
/20
01
5/1
/20
02
6/1
/20
03
7/1
/20
04
8/1
/20
05
9/1
/20
06
10
/1/2
00
7
11
/1/2
00
8
12
/1/2
00
9
1/1
/20
11
2/1
/20
12
3/1
/20
13
4/1
/20
14
5/1
/20
15
6/1
/20
16
# o
f W
ells
b/d
an
d m
cf/d
ay
EOG Resources - Williston Basin Production
WCNT LIQ GAS
-
50
100
150
200
-
20,000
40,000
60,000
80,000
100,000
1/1
/00
3/1
/01
5/1
/02
7/1
/03
9/1
/04
11
/1/0
5
1/1
/07
3/1
/08
5/1
/09
7/1
/10
9/1
/11
11
/1/1
2
1/1
/14
3/1
/15
5/1
/16
# o
f w
ells
b/d
an
d m
cf/d
EOG Resources - Powder River Basin Production
WCNT LIQ GAS
Aug 2016 47,000 b/d66,000 mcf/d 638 wells
Aug 201617,000 86,000137 wells
Source: PetroNerds, Raw Data DrillingInfo