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2018-04-18 13:07:00

U.S. OIL PRODUCTION +125 TBD, GAS +1,078 MCFD

U.S. OIL PRODUCTION +125 TBD, GAS PRODUCTION  +1,078 MCFD

EIA -  Crude oil production from the major US onshore regions is forecast to increase 125,000 b/d month-over-month in May from 6,871 to 6,996  thousand barrels/day , gas production to increase 1,078 million cubic feet/day from 65,829 to 66,907  million cubic feet/day . 

  Oil production 
thousand barrels/day
Gas production 
million cubic feet/day
Region April 2018 May 2018 change April 2018 May 2018 change
Anadarko 503 506 3 6,495 6,544 49
Appalachia 107 110 3 27,319 27,705 386
Bakken 1,214 1,229 15 2,190 2,227 37
Eagle Ford 1,312 1,336 24 6,557 6,674 117
Haynesville 42 42 - 8,333 8,541 208
Niobrara 583 590 7 4,884 4,943 59
Permian 3,110 3,183 73 10,051 10,273 222
Total 6,871 6,996 125 65,829 66,907 1,078

 

  New-well oil production per rig
barrels/day
New-well gas production per rig
thousand cubic feet/day
Region April 2018 May 2018 change April 2018 May 2018 change
Anadarko 397 402 5 2,768 2,787 19
Appalachia 144 145 1 15,409 15,586 177
Bakken 1,438 1,453 15 1,686 1,698 12
Eagle Ford 1,399 1,447 48 5,512 5,772 260
Haynesville 24 24 - 8,357 8,405 48
Niobrara 1,189 1,199 10 4,448 4,486 38
Permian 624 626 2 1,187 1,187 -
Total 663 671 8 3,747 3,816 69

 

  Drilled but uncompleted wells (DUC) 
Region February 2018 March 2018 change
Anadarko 991 995 4
Appalachia 764 749 -15
Bakken 717 716 -1
Eagle Ford 1,485 1,507 22
Haynesville 174 175 1
Niobrara 545 506 -39
Permian 2,922 3,044 122
Total 7,598 7,692 94

 

 

 

 

 

 

 

 

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Earlier:

 N.America
2018, April, 16, 09:15:00

U.S. GAS INVESTMENT: $170 BLN

BLOOMBERG - Gas output will expand by 24 billion cubic feet, or 32 percent, through 2025 from last year, according to U.S. Energy Information Administration estimates. To support that growth, the country’s gas industry needs to spend $170 billion over the next seven years on pipelines, compressor stations, export terminals and other related infrastructure, said Meg Gentle, chief executive officer of gas exporter Tellurian Inc.

 

 N.America
2018, April, 16, 09:00:00

U.S. RIGS UP 5 TO 1,008

BAKER HUGHES A GE - U.S. Rig Count is up 5 rigs from last week to 1,008, with oil rigs up 7 to 815, gas rigs down 2 to 192, and miscellaneous rigs unchanged at 1. Canada Rig Count is down 9 rigs from last week to 102, with oil rigs down 7 to 41 and gas rigs down 2 to 61.

 

 N.America
2018, April, 11, 13:20:00

U.S. GAS PRODUCTION RECORD

EIA - Two out of three of EIA’s measures of natural gas production in the United States set records in 2017. U.S. natural gas production measured as gross withdrawals reached 90.9 billion cubic feet per day (Bcf/d) in 2017, the highest volume on record according to EIA’s Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report. U.S. natural gas production measured as marketed natural gas production also reached a new high, but dry natural gas production did not exceed 2015 levels.

 

 N.America
2018, April, 6, 18:15:00

U.S. OIL PRODUCTION UP 5%

EIA - Annual average U.S. crude oil production reached 9.3 million barrels per day (b/d) in 2017, an increase of 464,000 b/d from 2016 levels after declining by 551,000 b/d in 2016. In November 2017, monthly U.S. crude oil production reached 10.07 million b/d, the highest monthly level of crude oil production in U.S. history.

 

 N.America
2018, March, 16, 10:15:00

U.S. PETROLEUM DEMAND: 20.3 MBD

API - Led by gasoline and seasonal demand for heating fuels, U.S. petroleum demand hit 20.3 million barrels per day (MBD) in February. Demand was up by more than a million barrels per day from February of last year, nearing record highs not seen for more than a decade.

 

 N.America
2018, March, 14, 11:00:00

U.S. OIL + 131 TBD, GAS + 969 MCFD

EIA - Crude oil production from the major US onshore regions is forecast to increase 131,000 b/d month-over-month in April from 6,823 to 6,954 thousand barrels/day , gas production to increase 969 million cubic feet/day from 65,150 to 66,119 million cubic feet/day .

 

 N.America
2018, March, 12, 08:40:00

U.S. OIL & GAS: 10.3 MLN JOBS

API - “The oil and natural gas industry is a major contributor to the American economy and helps meet America’s constantly increasing energy needs. We support more than 10.3 million U.S. jobs and contribute $1.3 trillion to the U.S. economy - benefits that are felt across the country,” said API Director of Upstream and Industry Operations Erik Milito.

 

Tags: USA, OIL, GAS, PRODUCTION