Post Tagged with: "production for U.S."

U.S. Drillers Averaged 8.9 MMBOPD in 2016; EIA Forecasts 11% Production Jump in 2018

U.S. Drillers Averaged 8.9 MMBOPD in 2016; EIA Forecasts 11% Production Jump in 2018

EIA forecasts 9.9 MMBOPD production in 2018; predicts Brent to average $54 in 2017, $57 in 2018

In its April 11, 2017 “Short Term Energy Outlook,” the EIA said that U.S. crude oil production averaged an estimated 8.9 million barrels …