Would it be unusual for a company to report production that’s 75% of what it has been for several years, even with the oil’s volatility lately? The company is 84 Energy and the 75% drop is what they reported for October 2025. Up until then, it has been fairly consistent with drops here and there, but nothing like this ever. I appreciate in advance any comments that might shed some light. Thanks.
Operators may shut in wells if there are fracking wells nearby. That protects the productivity (hopefully) of current wells. They may also choose to choke back wells due to mechanical problems or sometimes for prices or takeaway capacity. Without knowing what well(s) you are referring to, hard to narrow it down.
Thanks for the reply! There are several wells, so I thought I’d start with the fields to see if that helps. The percentage of “drop” varies between fields, but is still dramatic in the neighborhood of 75% across the board.
Pittsburg (Sub-Clarksdale), Field #: 7176550 Pittsburg, Field #: 71765001 Pittsburg (Sub-Clarksdale -B-), Field #: 71765750
I can provide well info if you prefer. Thanks again!
Welln ames and API#s would be more helpful (with the abstract name and section number) for looking up questions like this . There are over a hundred wells in the Pittsburg unit named Pittsburg. After checking a few of the wells that were online in Oct 2025, it looks more systemic. Contact the Division Order or Royalty division and ask if there is a field wide problem and what are they doing to fix the issue.
Thanks for the very helpful info. I’ll follow up as you advised!