Weekly U.S. crude oil production hit the highest level on record last week, according to preliminary government data, in another sign of the resilience of American shale drillers. The United States produced 9.62 million barrels of oil a day in the week through Nov. 3, the U.S. Energy In...
US crude oil production fell by 38,000 barrels per day to 9.164 million b/d in the week ended Dec. 4 from 9.202 million b/d in the week ended Nov. 27, according to the latest weekly data from the Energy Information Administration (EIA). The EIA's weekly data has shown US output ...
EIA: US shale oil production is expected to increase by 142000 barrels / day in June May 17, 2022 02:14 AM (GMT+8) · EqualOceanUs shale oil production is expected to increase by 142000 barrels per day to 8.76 million barrels per day in June, the US Energy Information ...
U.S. energy firms this week cut the number of oil and natural gas rigs by the most since June 2020, energy services firm Baker Hughes Co. said in its closely followed report on Feb. 3. The oil and gas rig count, an early indicator of future output, fell by 12 to 759 ...
Ten oil rigs were operational in June and were increased to 11 by the fourth week of August. Production from the GOM increased in June by 18 kb/d to 1,825kb/d. If the GOM was a state, its production would rank second behind Texas. The August STEO projection for the GOM output ...
According to the EIA, New Mexico’s April production dropped by 24 kb/d to 1,992 kb/d. The blue graph is a production projection for Lea plus Eddy counties. These two counties account for close to 99% of New Mexico’s oil production. The projection used the difference between March and...
Investment in structures, which includes both buildings and engineering structures such as power plants and oil platforms, has typically followed a cyclical pattern, and is often driven by commodity price booms and economic cycles. However, the main factor driving growth in this investment class ...
The oil basins are preselected and the wells are grouped by the year in which production started. Finally Next week we will have a new post on North Dakota, which will release October production data in the coming days. Production data is subject to revisions. Sources For these ...
The oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17.
At the end of Q3 2024, US crude oil production rose to 13.3 million barrels per day, up 0.1 million barrels per day from Q2 2024.Energy and resources trends Oil and gas In the US Energy Information Administration’s October 2024 Short Term Energy Outlook report, US natural gas prices ...