U.S. OIL PRODUCTION +125 TBD, GAS +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 |
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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 |
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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:
2018, April, 16, 09:15:00
U.S. GAS INVESTMENT: $170 BLNBLOOMBERG - 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.
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2018, April, 16, 09:00:00
U.S. RIGS UP 5 TO 1,008BAKER 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.
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2018, April, 11, 13:20:00
U.S. GAS PRODUCTION RECORDEIA - 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.
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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.
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2018, March, 16, 10:15:00
U.S. PETROLEUM DEMAND: 20.3 MBDAPI - 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.
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2018, March, 14, 11:00:00
U.S. OIL + 131 TBD, GAS + 969 MCFDEIA - 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 .
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2018, March, 12, 08:40:00
U.S. OIL & GAS: 10.3 MLN JOBSAPI - “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. |