Daily Production Gulf Update

What's Changed?

When we transitioned to the new daily production model, we internally committed to changing the Federal Gulf Offshore production from a plug region (flat from the last EIA report) to a modeled region.  Effective 24 Dec we are delivering an early Christmas present, and turning on that model.

 

What Does it Mean for You?

At the end of the day, this doesn't affect much.  The net effect for our daily production is slightly more at the end of hurricane season, and slightly less now.  It does increase the daily volatility of production, as we track the daily production offshore.

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And the total Lower 48 change is nearly imperceptible:

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As usual, reach out to support@synmax.com with any questions.