The Strategist

EIA: Oil production in major US oil and gas areas to rise in June



05/17/2022 - 09:24



According to the Energy Information Administration (EIA) of the US Energy Department, oil output in the primary US oil and gas producing areas, which includes shale oil, would increase by 142,000 barrels per day, or 1.6 percent, to 8.761 million barrels in June compared to the present month.



Maarten Heerlien
Maarten Heerlien
The Permian Basin will increase output by 88,000 barrels per day to 5.219 million barrels per day, the Eagle Ford by 27,000 barrels per day to 1.176 million, and the Bakken field by 17,000 barrels per day to 1.189 million barrels per day.

Anadarko will increase production by 4,000 bpd to 395,000 bpd, while Appalachia and Niobrara will increase production by 3,000 bpd each to 117,000 and 630,000 bpd. According to the announcement, production at Haynesville would stay at 35,000 barrels per day.

Total gas output from all of these fields is expected to rise by 750 million cubic feet in June, to 91.75 billion cubic feet per day, according to the EIA.

In addition, the EIA reports that the total number of incomplete wells in the affected US area declined by 70 in April compared to March, to 4,223.

source: bloomberg.com

 




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