Four Charts That Show DUCs Are Soaring in US Shale Fields
There is no single reason that they all exist—and bringing them all on line will face challenges.
US Now Top Global Oil Producer But its Limits Are Showing
The US has “likely surpassed” Russia as the world’s largest oil producer, according to a US Energy Information Administration report.
Three Basins Driving Big Year-Over-Year Increase in US Gas Output
A marked change from a decade ago, Appalachia, the Permian, and the Haynesville now represent almost half of total US gas production, EIA reports.
Oil Prices Set To Rise This Year, Then Fall Back
Supply growth into next year is projected to outpace global demand, bringing markets once again into a state of relative imbalance.
Shale Output Redefining US Production
US oil production is getting lighter and gas production is spreading as unconventional formations feed export growth.
US Projected to Become Net Energy Exporter by 2022
Continued growth in production driven by natural gas, along with a modest increase in US energy consumption, will lead the US to become a net energy exporter within 4 years according to a new report from the EIA.
Look out World, The US Is Again a Gas-Exporting Country
The US is emerging as a gas-exporting nation, and that is going to mean big changes globally.
US Daily Oil Production To Break Record in 2018
Crude oil production in the United States is expected to approach 10 million B/D in 2018 and surpass a previous high achieved in 1970, according to the latest US EIA forecast.
US Crude Oil and Petroleum Products Exports Doubled Over Past 6 Years
The US Energy Information Agency reports that the country is seeing petroleum exports rise across the board and notes serveral drivers for this trend.
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09 October 2018
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