Industry News From Around the Web

  • Shale Production Rises By 80,000 BPD In Latest EIA Forecasts
    November 20, 2017
    OilPrice| Zainab Calcuttawala US shale production is slated to increase by 80,000 bpd in December according to reports from the EIA. Shale production at American oil production sites will increase by 80,000 barrels per day next month, according to estimates from the Energy Information Administration. So far, every month in 2017 has seen an increase in shale ...
  • Texas Jobs, Shale Production Increasing
    November 20, 2017
    UPI| Daniel J. Graebar The Federal Reserve Bank of Dallas has said that the oil and gas industry is on the rise due to increased crude prices and a decline in inventories. Shale oil production in Texas has increased steadily for more than a year and gains have spilled over into the broader economy, a federal reserve ...
  • U.S. to Account For Most World Oil Output Growth Over 10 years: IEA
    November 16, 2017
    Reuters | Staff According to the International Energy Agency, the US is expected to become the undisputed leader of oil and gas production worldwide. The United States is expected to account for more than 80 percent of global oil production growth in the next 10 years and it will produce 30 percent more gas than Russia by ...

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