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EIA sees US shale regions producing an additional 77k bpd in February

Total shale production seen up 77k bpd in Feb to 9.376 mbpd
Production rose 86k bpd in January
Permian basin seen up 30k bpd
Eagle Ford seen up 4k bpd
Bakken seen up 20k bpd

The productivity estimates are virtually flat and that's an important point as it underscores that drilling technology has hit a plateau. That's not a big surprise but it's become more accepted that the recent productivity improvements were due to longer laterals, not bette... Read More

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February

Forex

Posted: Jan 17 2023, 19:07

Author Name: forexlive

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