How The U.S. Is Pumping More Oil With Fewer Rigs ...Middle East

Economy by : (OILPRICE) -
Despite the falling and flatlining rig count, U.S. crude oil production managed to hit a monthly record-high in August 2023, boosted by productivity gains and more efficient operations.  U.S. exploration and production companies are drilling longer laterals and deploying rigs to the most promising areas to get more bang for their buck.  U.S. field production of crude oil reached 404.6 million barrels during the month of August, new EIA data showed this week, for an average of 13.05 million barrels per day—squarely breaking the previous…

Hence then, the article about how the u s is pumping more oil with fewer rigs was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( How The U.S. Is Pumping More Oil With Fewer Rigs )

Last updated :

Also on site :

Most Viewed Economy
جديد الاخبار