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.
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WNN - The search for solutions to climate change must include discussion of nuclear power, Scott Foster, director of the Sustainable Energy Division of UNECE, told
WNN - in 2017 the average total generating cost - which includes capital, fuel and operating costs - for nuclear energy was USD33.50 per megawatt-hour (MWh).
LUKOIL - For the first nine months of 2018 LUKOIL Group's average hydrocarbon production excluding West Qurna-2 project was 2,301 thousand boe per day, which is 3.7% higher year-on-year.
GE - Baker Hughes, a GE company and General Electric Company Announce a Series of Long-Term Agreements to Maximize Value for Both BHGE and GE