The largest shale basin in the United States, the Permian, is on track to hit a record 5.408 million barrels per day next month, with production set to rise by 79,000 bpd, according to the Energy Information Administration (EIA). In its latest drilling productivity report released on Monday, the EIA said total output among all the big shale basins in the country would increase to 9.049 million bpd in September, representing a 141,000-bpd boost in production. American shale has not seen this level of activity since the start of the COVID-19…
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