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2016-08-16 18:40:00

U.S. OIL PRODUCTION DOWN 85 TBD

U.S. OIL PRODUCTION DOWN 85 TBD

According to EIA, U.S. oil production down 85 tbd, gas production down 373 mcfd. 

Oil production forecast to fall 85,000 b/d to 4.47 million b/d during September.  

September shale gas production to drop 373 MMcfd to 45.45 bcfd, with the Eagle Ford losing 212 MMcfd to 5.594 bcfd, Niobrara down 69 MMcfd to 4.113 bcfd, Haynesville decreasing 36 MMcfd to 5.844 bcfd, Marcellus declining 33 MMcfd to 17.81 bcfd, and Bakken relinquishing 27 MMcfd to 1.543 bcfd. The Utica, meanwhile, is expected to rise 9 MMcfd to 3.683 bcfd.

 

usa oil gas production aug 2016

 

USA OIL GAS PRODUCTION AUG 2016

 

USA OIL GAS PRODUCTION AUG 2016

 

USA OIL GAS PRODUCTION AUG 2016

 

USA OIL GAS PRODUCTION AUG 2016

 

USA OIL GAS PRODUCTION AUG 2016

 

USA OIL GAS PRODUCTION AUG 2016

 

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Earlier: 

U.S. RIGS UP 17 

U.S. EXPORTS UP TO 9% 

U.S. JOBS DOWN 142,000 

U.S. DEFICIT UP TO $44.5 BLN 

U.S. DRILLING UP 

U.S. OIL COMPANIES UPDOWN 

U.S. OIL PRODUCTION DOWN



 

Tags: USA, OIL, GAS, PRODUCTION

Chronicle:

U.S. OIL PRODUCTION DOWN 85 TBD
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 85 TBD
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 85 TBD
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 85 TBD
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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