Commodities price charts dating 1700
Or if the from 1700 to 2200 barrels the first 24 hours we could expect the second months production to be about one fourth that number.
The average second months production was 412 barrels per day while the average third months production was 328 barrels per day.
I have collected, from this source, the data from 2,565 wells dating from November 1st 2013 to the present date.
What I do know is that it is the first 24 hours of measured production.
This is a drop of 84 BP/D or 20 percent from the second to third months. However I collected some data of my own from July and August 2014.
If you go to NDIC Oil and Gas Production Report, you find data on all wells previously brought on line.
The “First 24hr Barrels” is a smooth line because that was the sort column.
When I sorted the data by production in the first 24 hours I found a strong correlation with the second months production.
Also 16 or 1.4% had a third months production but no second months production. For all months with no production that cell was was left blank rather than incerting a zero. However I collected some data of my own from July and August 2014.