Post Tagged with: "record production"

Source: World Oil

U.S. sees record oil production next year moving even higher

World Oil


(Bloomberg) — U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling.

Oil output will average 12.6 million barrels a day in 2023, an increase from …

Daily Dry Gas Production for March Sets 45-Year Record

Daily Dry Gas Production for March Sets 45-Year Record

According to the EIA, March 2018 marked the tenth consecutive month of increased production of dry natural gas. The average daily rate of dry natural gas production in March 2018 was also at an historic high at 79.6 BcF/ day. …