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2015-09-16 18:50:00

U.S. OIL WILL DOWN 80,000 B/D

U.S. OIL WILL DOWN 80,000 B/D

 

U.S. SHALE OIL GAS FIELDS

Crude oil production in October from seven major US shale plays is expected to drop 80,000 b/d to 5.21 million b/d, according to the US Energy Information Administration's latest Drilling Productivity Report.

The Report focuses on the Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara, Permian, and Utica, which altogether accounted for 95% of US oil production increases and all US natural gas production increases during 2011-13.

The Eagle Ford has represented a bulk of the overall declines since output from the plays began trending downward during the spring. EIA projects October production from the South Texas play to decline 62,000 b/d to 1.42 million b/d. The Bakken is expected to fall 21,000 b/d to 1.18 million b/d, while the Niobrara is expected to fall 19,000 b/d to 380,000 b/d.

 

U.S. OIL PRODUCTIVIRY REPORT

 

USA OIL GAS PRODUCTIVITY REPORT

 

USA OIL GAS PRODUCTIVITY REPORT

 

USA OIL GAS PRODUCTIVITY REPORT

 

USA OIL GAS PRODUCTIVITY REPORT

eia.gov

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More: 

U.S. CHALLENGING TIMES 

U.S. OIL $30 BLN OUTFLOWS 

U.S. OIL RESTRICTIONS 

U.S. OIL DECREASE 

USA OIL 2015 - 16 

US OIL WILL DOWN 91,000

 

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