Oil Price | Irina Slav
U.S. oil production is at a record levels powered by West Texas shale output.
Shale oil production in the United States will rise by a record-breaking 144,000 bpd from May to June, hitting 7.178 million bpd, the Energy Information administration estimated in its latest Drilling Productivity Report. Hardly surprisingly, the Permian will lead the way with a 78,000-bpd increase in production, from 3.199 million bpd this month to 3.277 million bpd in June. The Permian will be followed by Eagle Ford, where average daily oil production will rise by 33,000 bpd from 1.354 million bpd to 1.387 million bpd.
- EIA: US total shale regions oil production for July seen up 141,000 bpd June 18, 2018
- Texas oil port to raise $300 million for work to handle U.S. shale export boom June 15, 2018
- How America’s shale plays are turning the U.S. into a global exporting power June 6, 2018
- Oil rig count ticks up slightly in Texas, nation June 1, 2018
- Demand signals pull oil prices higher May 31, 2018
Sanchez Energy News
- Shale Drillers To Torment OPEC Into Next Decade November 8, 2017
- Sanchez Energy: A Big Bet On Making American Oil Great Again January 25, 2017
- Sanchez Energy Announces Fourth Quarter and Full Year 2016 Operating Results; Additional 110,000 Acres Leased in the Western Eagle Ford January 23, 2017
- Sanchez Energy Announces 2017 Analyst Day January 17, 2017
- Sanchez Energy Announces Conference Call to Discuss Recently Announced $2.3 Billion Eagle Ford Transaction January 12, 2017