Industry News From Around the Web

  • U.S. Shale Oil Output Seen Up For Eighth Month At 5.6 Million bpd
    July 17, 2017
    Reuters | Jessica Resnick-Ault Production in the Eagle Ford is forecast to rise 27,000 bpd while contributing to the overall US production growth which is expected to grow for the eighth consecutive month. U.S. shale oil production is forecast to rise for the eighth consecutive month, climbing 112,000 barrels per day (bpd) to 5.585 million bpd in ...
  • Forecast For Natural Gas Production Shows 3 Percent A Year Growth
    July 17, 2017
    WKSU | Tim Rudell According to the Ohio Oil & Gas Association, the US oil and gas industry is experiencing a rebound and output is expected to grow by 45 percent over the next five years. The U.S. oil and gas industry may be rebounding after nearly four years of decline. The International Energy Agency is now forecasting a ...
  • IEA: US Supply, Industrial Demand Transforming Global Gas Market
    July 14, 2017
    Oil & Gas Journal | OGJ Editors By 2022, the US is expected to account for 40% of the world’s gas production. Rising natural gas supplies from the US along with expanding industrial demand will dramatically shift the global market through 2022, according to the International Energy Agency’s latest market analysis and 5-year gas forecast. Global gas demand ...

Sanchez In the News