U.S. OIL PRODUCTION + 93 TBD, GAS PRODUCTION + 1,007 MCFD

U.S. EIA - Crude oil production from the major US onshore regions is forecast to increase 93,000 b/d month-over-month in August from 7,429 to 7,522 thousand barrels/day , gas production to increase 1,007 million cubic feet/day from 71,413 to 72,420 million cubic feet/day .

	Oil production thousand barrels/day			Gas production million cubic feet/day
Region	August 2018	September 2018	change	August 2018	September 2018	change
Anadarko	549	558	9	7,120	7,220	100
Appalachia	119	123	4	29,045	29,351	306
Bakken	1,297	1,314	17	2,440	2,462	22
Eagle Ford	1,424	1,448	24	6,931	7,059	128
Haynesville	43	43	-	9,425	9,579	154
Niobrara	610	615	5	5,153	5,207	54
Permian	3,387	3,421	34	11,299	11,542	243
Total	7,429	7,522	93	71,413	72,420	1,007

	New-well oil production per rig barrels/day			New-well gas production per rig thousand cubic feet/day
Region	August 2018	September 2018	change	August 2018	September 2018	change
Anadarko	407	410	3	2,866	2,889	23
Appalachia	145	146	1	15,972	16,125	153
Bakken	1,487	1,496	9	1,797	1,828	31
Eagle Ford	1,485	1,489	4	5,615	5,741	126
Haynesville	25	25	-	8,617	8,692	75
Niobrara	1,187	1,188	1	4,568	4,599	31
Permian	562	552	(10)	1,235	1,235	-
Total	650	649	(1)	3,762	3,747	(15)

Drilled but uncompleted wells (DUC)
	wells
Region	June 2018	July 2018	change
Anadarko	916	923	7
Appalachia	759	754	-5
Bakken	756	760	4
Eagle Ford	1,48	1,512	32
Haynesville	182	182	-
Niobrara	472	432	-40
Permian	3,303	3,47	167
Total	7,868	8,033	165

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Earlier:

2018, August, 13, 13:25:00

U.S. RIGS UP 13 TO 1,057

BAKER HUGHES A GE - U.S. Rig Count is up 13 rigs from last week to 1,057, with oil rigs up 10 to 869, gas rigs up 3 to 186, and miscellaneous rigs unchanged at 2. Canada Rig Count is down 14 rigs from last week to 209, with oil rigs down 12 to 140 and gas rigs down 2 to 69.

2018, August, 6, 12:40:00

U.S. RIGS DOWN 4 TO 1,044

BAKER HUGHES A GE - U.S. Rig Count is down 4 rigs from last week to 1,044, with oil rigs down 2 to 859, gas rigs down 3 to 183, and miscellaneous rigs up 1 to 2. Canada Rig Count is unchanged from last week at 223 rigs, with oil rigs down 2 to 152 and gas rigs up 2 to 71.

2018, August, 1, 09:30:00

U.S. ENERGY EFFICIENCY UP

U.S. EIA - U.S. energy expenditures declined for the fifth consecutive year, reaching $1.0 trillion in 2016, a 9% decrease in real terms from 2015. Adjusted for inflation, total energy expenditures in 2016 were the lowest since 2003. Expressed as a percent of gross domestic product (GDP), total energy expenditures were 5.6% in 2016, the lowest since at least 1970.

2018, July, 30, 13:10:00

U.S. RIGS UP 2 TO 1,048

BAKER HUGHES A GE - U.S. Rig Count is up 2 rigs from last week to 1,048, with oil up 3 to 861, gas rigs down 1 to 186, and miscellaneous rigs unchanged at 1. Canada Rig Count is up 12 rigs from last week to 223, with oil rigs up 12 to 154 and gas rigs unchanged at 69.

2018, July, 27, 12:50:00

U.S. OIL INVESTMENT UP, DEBT DOWN

EIA - Capital expenditures for these 46 companies totaled almost $19 billion in the first quarter of 2018, a year-over-year increase of nearly $2 billion (10%). Most of these companies have announced that they expect to increase full-year 2018 capital expenditures from 2017 levels.

2018, July, 25, 09:35:00

U.S. OIL PRODUCTION: 10.7 MBD

API - API released its monthly statistical report for June of 2018 highlighting that U.S. production of crude oil and natural gas liquids hit is highest level ever. In June, production of crude oil hit 10.7 million barrels per day (mb/d) and production of natural gas liquids hit 4.2 mb/d.

2018, July, 23, 13:25:00

U.S. OIL PRODUCTION + 143 TBD, GAS PRODUCTION + 1,066 MCFD

EIA - Crude oil production from the major US onshore regions is forecast to increase 143,000 b/d month-over-month in July from 7,327 to 7,470 thousand barrels/day , gas production to increase 1,066 million cubic feet/day from 69,466 to 70,532 million cubic feet/day

Tags: USA, OIL, GAS, PRODUCTION