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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
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
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
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
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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