U.S. OIL PRODUCTION + 141 TBD, GAS PRODUCTION + 1,135 MCFD

EIA - Crude oil production from the major US onshore regions is forecast to increase 141,000 b/d month-over-month in June from 7,198 to 7,339 thousand barrels/day , gas production to increase 1,135 million cubic feet/day from 68,624 to 69,759 million cubic feet/day .

	Oil production thousand barrels/day			Gas production million cubic feet/day
Region	June 2018	July 2018	change	June 2018	July 2018	change
Anadarko	539	549	10	6,799	6,880	81
Appalachia	113	117	4	28,535	28,906	371
Bakken	1,266	1,285	19	2,313	2,339	26
Eagle Ford	1,364	1,396	32	6,801	6,942	141
Haynesville	42	42	-	8,737	8,972	235
Niobrara	597	600	3	4,969	5,021	52
Permian	3,277	3,350	73	10,470	10,699	229
Total	7,198	7,339	141	68,624	69,759	1,135

	New-well oil production per rig barrels/day			New-well gas production per rig thousand cubic feet/day
Region	June 2018	July 2018	change	June 2018	July 2018	change
Anadarko	414	417	3	2,832	2,855	23
Appalachia	145	145	-	15,645	15,783	138
Bakken	1,463	1,470	7	1,720	1,743	23
Eagle Ford	1,470	1,503	33	5,647	5,833	186
Haynesville	24	25	1	8,444	8,513	69
Niobrara	1,186	1,191	5	4,510	4,547	37
Permian	620	620	-	1,190	1,190	-
Total	675	677	2	3,788	3,794	6

Drilled but uncompleted wells (DUC), wells
Region	April 2018	May 2018	change
Anadarko	921	913	-8
Appalachia	771	744	-27
Bakken	749	750	1
Eagle Ford	1,471	1,485	14
Haynesville	187	186	-1
Niobrara	539	491	-48
Permian	3,103	3,203	100
Total	7,741	7,772	31

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Earlier:

2018, June, 18, 13:40:00

U.S. RIGS DOWN 3 TO 1,059

BAKER HUGHES A GE - U.S. Rig Count is down 3 rigs from last week to 1,059, with oil rigs up 1 to 863, gas rigs down 4 to 194 and miscellaneous rigs unchanged at 2. Canada Rig Count is up 27 rigs from last week to 139, with oil rigs up 18 to 87 and gas rigs up 9 to 52.

2018, June, 13, 13:10:00

OIL PRICES: 2018 - $71, 2019 - $68

EIA - Brent crude oil spot prices averaged $77 per barrel (b) in May, an increase of $5/b from the April level and the highest monthly average price since November 2014. EIA forecasts Brent spot prices will average $71/b in 2018 and $68/b in 2019. The 2019 forecast price is $2/b higher than in the May STEO. EIA expects West Texas Intermediate (WTI) crude oil prices will average almost $7/b lower than Brent prices in 2018 and $6/b lower than Brent prices in 2019

2018, June, 8, 13:05:00

U.S. GAS EXPORT UP

EIA - U.S. exports of natural gas, including exports via pipeline and as liquefied natural gas (LNG), averaged 9.6 billion cubic feet per day (Bcf/d) in the first quarter of this year,

2018, June, 1, 09:25:00

U.S. PRODUCTION: OIL 10.474 MBD, GAS 98,323 MCFD

EIA - U.S. oil production up to 10.474 MBD, gas production up to 98,323 MCFD

2018, May, 23, 10:40:00

U.S. THE WORLD'S TOP

EIA - The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.

2018, May, 21, 10:40:00

U.S. PETROLEUM DEMAND UP BY 750 TBD

API - American Petroleum Institute reported that the first four months of this year saw U.S. petroleum demand average 750 thousand barrels a day above the same period in 2017 despite higher prices, a sign of solid economic activity. April also saw the U.S. produce a record 10.5 million barrels per day (MBD) of oil.

2018, May, 16, 11:55:00

U.S. OIL PRODUCTION + 144 TBD, GAS PRODUCTION + 1,092 MCFD

EIA - Crude oil production from the major US onshore regions is forecast to increase 144,000 b/d month-over-month in June from 7,034 to 7,178 thousand barrels/day , gas production to increase 1,092 million cubic feet/day from 67,027 to 68,119 million cubic feet/day .

Tags: USA, OIL, GAS, PRODUCTION