Post Tagged with: "Drilling productivity"

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

U.S. Shale Oil Output to Rise to Record 8.77 Million bpd in Sept – EIA

From Reuters


U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration forecast in its monthly drilling productivity report …

U.S. Production Expected to Decline Even as Efficiencies Improve

U.S. Production Expected to Decline Even as Efficiencies Improve

EIA report predicts production to drop in every region except the Marcellus and the Permian

The Energy Information Administration released its monthly drilling report Monday forecasting production will fall throughout many of the basins in the United States in November …