On-Shore Crude Oil Production Forecast For August, 2017

On-Shore Crude Oil Production Forecast For August, 2017 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title On-Shore Crude Oil Production Forecast For August, 2017, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : On-Shore Crude Oil Production Forecast For August, 2017
link : On-Shore Crude Oil Production Forecast For August, 2017

Read too


On-Shore Crude Oil Production Forecast For August, 2017

August on-shore crude oil production forecast:
  • will add 113,000 bopd month-over-month
  • total production will go to 5.585 million bopd
  • about 94% of the increase expected to come from the Permian, the Eagle Ford, and the Niobrara
  • Permian
    • Permian: forecast to gain 64,000 bopd month-over-month; to 2.535 million bopd; 
    • Permian: forecast to account for 30% of total US oil production in 2018, up to 2.9 million bopd
  • Eagle Ford
    • Eagle Ford: forecast to gain 27,000 bopd m-o-m; to 1.387 million bopd
    • Eagle Ford: forecast to average 1.3 million bopd in both 2017 and 2018
    • Eagle Ford: 80 active rigs
    • Eagle Ford: DUCs -- rose by 42 m-o-m to 1,406
  • Niobrara
    • Niobrara: to gain 15,000 bopd, m-o-m; to 480,000 bopd
    • Niobrara: DUCs up 2 to 663
  • Bakken
    • Bakken: to gain 4,000 bopd; to 1.043 million bopd
    • Bakken: DUCs up 8 (in June) to 819
    • the Bakken is running about 60 rigs
Note: the ratio of 60 rigs in the Bakken to 80 rigs in the Eagle Ford almost perfectly matches the difference in daily crude oil production.


Thus Article On-Shore Crude Oil Production Forecast For August, 2017

That's an article On-Shore Crude Oil Production Forecast For August, 2017 This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article On-Shore Crude Oil Production Forecast For August, 2017 with the link address https://mylivemyidea.blogspot.com/2017/07/on-shore-crude-oil-production-forecast.html

Subscribe to receive free email updates:

Related Posts :

0 Response to "On-Shore Crude Oil Production Forecast For August, 2017"

Post a Comment