Categories: News

In the United States, oil production is expected to grow in the largest oil and gas regions of the country

MOSCOW, 17 Oct — PRIME. Oil production in the main oil and gas producing regions of the United States, in which a significant part of the production is shale oil, will rise in November compared to the current month by 104,000 barrels per day, or 1.2%, to 9.105 million barrels, the Energy Information Administration predicts ( EIA) Ministry of Energy of the country.

Oil rises moderately amid shrinking US distillate inventories

Including production in the Permian basin will increase by 50 thousand barrels, up to 5.453 million barrels per day, at Eagle Ford it will rise by 18 thousand barrels per day, up to 1.23 million, at Bakken – by 22 thousand, up to 1.19 million barrels in a day.

Production at Anadarko will rise by 6,000 to 431,000 barrels per day, at Appalachia it will increase by 2,000 to 122,000, and at Niobrara by 6,000 to 646,000 barrels per day. At the Haynesville field, production will not change and will amount to 37,000 barrels per day, the release says.

The EIA also expects a total increase in gas production from all these fields by 554 million cubic feet in November, to 95.085 billion cubic feet per day.

Also, according to EIA data, the total number of wells in progress in the US area under consideration in September decreased by 10 compared to August, to 4,333.

Incomplete wells (drilled but uncompleted wells, DUC) – drilled, but not yet equipped for production. A large DUC reserve could allow US producers to quickly and massively ramp up production as oil prices rise, regardless of the pace of drilling activity.

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