EIA: Crude production inches up in US
Wednesday, July 24, 2019
In the Energy Information Administration’s newly released Drilling Productivity Report, it projects crude oil production in the U.S.’s most productive unconventional basins in the lower 48 states is projected to rise roughly 0.5% from July to August, according to Kallanish Energy.
Overall production is expected to rise 49,000 barrels per day from 8.50 million barrels per day (Mmbpd) in July to 8.55 Mmbpd in August.
The Appalachian Basin will see an increase of 4,000 barrels per day from 138,000 in July to 142,000 Bpd in August.
Learn more: Kallanish Energy > Crude production in top U.S. basins/plays inches up: Dpr
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