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2020-02-05 11:05:00

U.S. OIL & GAS PRODUCTION UP

U.S. OIL & GAS PRODUCTION UP

U.S. EIAIn 2018, while production was increasing, the total number of wells producing crude oil and natural gas in the United States fell to 982,000, down from a peak of 1,035,000 wells in 2014. This increase in production, despite the decline in the number of wells, reflects advances in technology and drilling techniques. The U.S. Energy Information Administration (EIA)’s updated U.S. Oil and Natural Gas Wells by Production Rate report shows how daily production rates of individual wells by state contributed to an increase…

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U.S. OIL GAS PRODUCTION UP
2020, February, 3, 11:50:00
U.S. GAS PRODUCTION UP 8.3%
The preliminary level for dry natural gas production in November 2019 was 2,896 billion cubic feet (Bcf), or 96.5 Bcf/d. This level was 7.4 Bcf/d (8.3%) higher than the November 2018 level of 89.2 Bcf/d.
U.S. OIL GAS PRODUCTION UP
2020, February, 3, 11:10:00
U.S. RIGS DOWN 4 TO 790
U.S. Rig Count is down 4 rigs from last week to 790, Canada Rig Count is up 3 rig from last week at 247
U.S. OIL GAS PRODUCTION UP
2020, January, 31, 12:25:00
U.S. OIL PRODUCTION FORECAST: 14 MBD
In the AEO2020 Reference case, U.S. crude oil production reaches 14.0 million barrels per day (b/d) by 2022 and remains near this level through 2045 as tight oil development moves into less productive areas and well productivity declines.
U.S. OIL GAS PRODUCTION UP
2020, January, 24, 13:35:00
U.S. OIL EXPORTS 9 MBD
U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019
U.S. OIL GAS PRODUCTION UP
2020, January, 24, 13:25:00
U.S. OIL PRODUCTION SLOWING
U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.
U.S. OIL GAS PRODUCTION UP
2020, January, 22, 12:50:00
U.S. PRODUCTION: OIL + 22 TBD, GAS + 65 MCFD
Crude oil production from the major US onshore regions is forecast to increase 22,000 b/d month-over-month in January from 9,178 to 9,200 thousand barrels/day, gas production to increase 65 million cubic feet/day from 85,920 to 85,985 million cubic feet/day .
U.S. OIL GAS PRODUCTION UP
2020, January, 15, 12:40:00
U.S. GAS WILL DOWN
U.S. dry gas production will fall to 94.11 billion cubic feet per day (bcfd) in 2021 from a record 94.74 bcfd in 2020. The current all-time high is 92.03 bcfd in 2019.
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Tags: USA, OIL, GAS
Chronicle:
U.S. OIL GAS PRODUCTION UP
2021, January, 28, 12:50:00
U.S. OIL INVENTORIES DOWN 9.9 MB TO 476.7 MB
U.S. commercial crude oil inventories decreased by 9.9 million barrels to 476.7 million barrels.
U.S. OIL GAS PRODUCTION UP
2021, January, 28, 12:45:00
EUROPEAN INDEXES DOWN ANEW
The pan-European STOXX 600 fell 1.9%, turning negative for the year
U.S. OIL GAS PRODUCTION UP
2021, January, 28, 12:40:00
EUROPEAN RENEWABLES HAVE TO DOUBLE
While renewables' 2020 performance was impressive, especially during a global pandemic, the report warns that the average pace of deployment through the 2020s will need to more than double that of the prior decade if the EU is going to hit its target of a 55 percent reduction in emissions by 2030.
U.S. OIL GAS PRODUCTION UP
2021, January, 28, 12:35:00
U.S. FEDERAL FUNDS RATE 0.0 - 0.25% ANEW
The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent
U.S. OIL GAS PRODUCTION UP
2021, January, 28, 12:30:00
POLAND'S NUCLEAR DEVELOPMENT
During his introductory remarks, Adam Guibourgé-Czetwertyński, Poland's undersecretary of state for climate and environment, said the country had identified "a crucial role" for nuclear energy in its future energy mix.
U.S. OIL GAS PRODUCTION UP
2021, January, 28, 12:25:00
THE NEW CHINA'S PLATFORM
CNOOC has taken delivery of a 100,000-ton deepwater semisubmersible production and storage platform, built to ABS Class.
U.S. OIL GAS PRODUCTION UP
2021, January, 27, 14:15:00
OIL PRICE: BELOW $57
Brent climbed 51 cents, or 0.9%, to $56.42 a barrel. WTI rose 41 cents, or 0.8%, to $53.02.
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