"Red Hot Permian Set To Jolt US Shale Output To New Reocrd -- EIA -- Oilprice -- April 20, 2019 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title "Red Hot Permian Set To Jolt US Shale Output To New Reocrd -- EIA -- Oilprice -- April 20, 2019, 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 : "Red Hot Permian Set To Jolt US Shale Output To New Reocrd -- EIA -- Oilprice -- April 20, 2019
link : "Red Hot Permian Set To Jolt US Shale Output To New Reocrd -- EIA -- Oilprice -- April 20, 2019

"Red Hot Permian Set To Jolt US Shale Output To New Reocrd -- EIA -- Oilprice -- April 20, 2019

Link here. Data points from EIA's most recent "drilling productivity report":

• there are seven key shale regions in the US
• US shale expected to increase production by 80,000 bopd in April
• US shale will hit a record 8.46 million bopd in May
• the Permian will account for half of that monthly gain
• • will see production jump by 42,000 bopd
  • this would be a record high of 4.136 million bopd in May
  • this would place the Permian in the #3 spot in the world, behind Saudi Arabia (9.79 milion bopd) and Iraq (4.52 million bopd)
  • next milestone for the Permian: to become #2 in the world
• the Niobrara: would add 22,000 bopd, to 764,000 bopd in May; second largest growth after the one in the Permian
• other regions to see increased production: the Bakken, the Eagle Ford, and the Appalachia region
• Anadarko: may slip a bit next month (May)
• total US crude oil production:
• • February, 2019: 11.8 million bopd
  • March, 2019: 12.1 million bopd
  • 2019 average: 12.4 million bopd
  • 2020 average: 13.2 million bopd

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