Uinta Oil Production Forecast to 2040

September 16, 2024

Uinta crude oil production forecast to 2040 (MBbl/d).

Uinta Oil Production

Uinta oil production grew to about 125 MBbl/d in 2023 and is expected to continue to grow during the forecast period and reach around 450 MBbl/d after 2035.

Uinta Oil Well Locations and Drilling


2020-2023	Average Lateral Length	5,500 ft
2020-2023	Average Total Well Depth	9,700 ft

Location: Utah
Number of oil wells drilled since 2010: ~ 3,800
Average New Well Initial Productivity in 2023: 700 Bbl/d
Peak Production: 2023 (~140 MBbl/d)

Uinta Number of New Wells

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The number of new wells in Uinta dropped from over 670 in 2014 to slightly over 160 in 2023. Incorrys is forecasting the number of new wells will continue to grow during the forecast period to about 550.

Uinta Crude Oil Well Initial Productivity (IP)

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Well Initial Productivity (IP) significantly increased and reached almost 1,000 Bbl/d in 2023 up from 100 Bbl/d in 2010. Initial productivity will continue to grow and reach its peak in 2032.

Uinta Well Estimated Ultimate Recovery (EUR)

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Well Estimated Ultimate Recovery (EUR) reached over 420 MBbl in 2024-2026. Uinta raw associated gas production grew to almost 0.2 Bcf/d in 2023 and is expected to continue to grow, along with oil production growth, reaching almost 0.6 Bcf/d in 2040.