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2015-04-18 16:20:00

U.S. OIL PRODUCTION DOWN 57,000 BPD

U.S. OIL PRODUCTION DOWN 57,000 BPD
 Oil production 
thousand barrels/day
 Gas production 
million cubic feet/day
RegionApril 2015May 2015change April 2015May 2015change
Bakken 1,320 1,297 (23)   1,549 1,528 (21)
Eagle Ford 1,723 1,690 (33)   7,532 7,487 (45)
Haynesville 58 58 -   7,118 7,162 44
Marcellus 57 57 -   16,706 16,716 10
Niobrara 417 403 (14)   4,680 4,630 (50)
Permian 1,981 1,992 11    6,437 6,441 4
Utica 62 64 2    1,972 2,007 35
Total 5,618 5,561 (57)   45,994 45,971 (23)

 

eia.gov

Tags: U.S., OIL, GAS, PDODUCTION

Chronicle:

U.S. OIL PRODUCTION DOWN 57,000 BPD
November, 15, 15:25:00

OIL PRICE: ABOVE $61 AGAIN

REUTERS - Brent crude futures LCOc1 were down 72 cents at $61.49 per barrel at 1020 GMT, having fallen by 1.5 percent on Tuesday, its largest one-day drop in a month. U.S. West Texas Intermediate (WTI) crude CLc1 was at $55.12 per barrel, down 58 cents.

U.S. OIL PRODUCTION DOWN 57,000 BPD
November, 15, 15:20:00

IEA COOLS THE MARKET

BLOOMBERG - Prices dropped during the session as the International Energy Agency said the recent recovery in oil prices, coupled with milder-than-normal winter weather, is slowing demand growth. The worsening outlook for consumption dampened some of the enthusiasm that OPEC and its allies will extend supply curbs.

U.S. OIL PRODUCTION DOWN 57,000 BPD
November, 15, 15:15:00

IEA: GLOBAL ENERGY DEMAND UP BY 30%

Global energy needs rise more slowly than in the past but still expand by 30% between today and 2040. This is the equivalent of adding another China and India to today’s global demand.

U.S. OIL PRODUCTION DOWN 57,000 BPD
November, 15, 15:10:00

RUSSIA'S OIL EXPORTS UP

Product exports have grown significantly over the past several years and are expected to continue to grow as Russian refineries add capacity to produce more high-quality products.

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