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2016-07-19 12:26:00

U.S. OIL PRODUCTION DOWN

U.S. OIL PRODUCTION DOWN

EIA said, U.S. oil production down 99 tbd to 4.553 million b/d, gas production down 417 MMcfd to 45.725 bcfd.

 New-well oil production per rig
barrels/day
 New-well gas production per rig
thousand cubic feet/day
RegionJuly 2016August 2016change July 2016August 2016change
Bakken 841 858 17   1,116 1,149 33
Eagle Ford 1,052 1,076 24   3,135 3,193 58
Haynesville 31 31 -   5,505 5,573 68
Marcellus 69 69 -   11,225 11,267 42
Niobrara 940 961 21   2,927 3,004 77
Permian 503 515 12    883 895 12
Utica 358 369 11    7,397 7,513 116
Rig-weighted average 548 558 10   2,884 2,850 (34)

 

 Oil production 
thousand barrels/day
 Gas production 
million cubic feet/day
RegionJuly 2016August 2016change July 2016August 2016change
Bakken 998 966 (32)   1,591 1,560 (31)
Eagle Ford 1,127 1,079 (48)   6,014 5,805 (209)
Haynesville 47 46 (1)   5,916 5,880 (36)
Marcellus 40 40 -   17,976 17,950 (26)
Niobrara 383 371 (12)   4,068 3,994 (74)
Permian 1,980 1,974 (6)    6,914 6,868 (46)
Utica 77 77 -    3,663 3,668 5
Total 4,652 4,553 (99)   46,142 45,725 (417)

 

USA OIL PRODUCTION 2014 - 2017

 

USA OIL GAS PRODUCTION 2007 - 2016

 

USA OIL GAS PRODUCTION 2007 - 2016

 

USA OIL GAS PRODUCTION 2007 - 2016

 

USA OIL GAS PRODUCTION 2007 - 2016

 

USA OIL GAS PRODUCTION 2007 - 2016

 

USA OIL GAS PRODUCTION 2007 - 2016

 

USA OIL GAS PRODUCTION 2007 - 2016

 

-----

Earlier: 

WORLDWIDE RIG COUNT DOWN 729 

U.S. OIL WELL COMPLETIONS DOWN 69% 

U.S. NEED MONEY 

THE BIGGEST U.S. OIL 

U.S. ECONOMY: EVEN WORSE

 

 

Tags: USA, OIL, GAS, PRODUCTION

Chronicle:

U.S. OIL PRODUCTION DOWN
2018, July, 16, 10:35:00

CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

U.S. OIL PRODUCTION DOWN
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

U.S. OIL PRODUCTION DOWN
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

U.S. OIL PRODUCTION DOWN
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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