Permian To Drive U.S. Shale Production Increase In August ...Middle East

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Permian To Drive U.S. Shale Production Increase In August
U.S. shale oil production will increase by a modest 42,000 bpd in August, according to the Energy Information Administration. In its latest Drilling Productivity Report, the EIA forecast that almost all of this production increase will come from the Permian, at 52,000 bpd. Production in the Appalachia Basin will also increase, by 2,000 bpd. At the same time, the EIA said, production across the rest of the shale plays, excluding Haynesville, will decline by a combined 13,000 bpd. Production at Haynesville will remain flat on the month. This modest…

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