Production

ARTICLES

EIA to Add 10 States to Monthly NatGas, Oil Production Reports

The U.S. Energy Information Administration has received approval from the Office of Management and Budget to add state-level data from 10 states... Read More

Big Seven NatGas Production to Surge Even Higher Through Year's End

Production of natural gas and oil from the seven most prolific U.S. shale and tight oil regions will continue to increase through the end of the year, reaching 44.12 Bcf/d and 5.26 b/d in December, according to the Energy Information Administration. Read More

U.S. LNG Export Trade to Rival Qatar by 2020, Says Citi

Where U.S. natural gas and oil exports are allowable they are surging, and as plans progress to carry liquefied natural gas (LNG) and more crude oil overseas, dramatic swings in the U.S. trade balance swiftly will transform America into an energy superpower, according to an in-depth analysis by Citi. Read More

Gunnison Sage Grouse Listing May Impact E&Ps in Utah, Colorado

The Obama administration is weighing whether to list as “threatened” under the Endangered Species Act the Gunnison sage grouse... Read More

EIA Says U.S. Produced, Consumed Record Levels of NatGas in 2013

The United States produced, consumed and delivered for consumption record levels of natural gas in 2013, and imports fell for the sixth consecutive year, according to an annual report by the U.S. Energy Information Administration. Read More

BP Slammed on Oil Price Plunge But Still Beats Consensus

BP plc on Tuesday posted a 19% decline in third quarter profits from a year ago, in part impacted by the global oversupply in crude oil, and in part on a huge drop in profits from its near-20% stake in Russia's OAO Rosneft, but the producer still beat Wall Street consensus by a wide margin. Read More

Virginia's Energy Vision Supports Pipelines, Offshore Drilling, Vehicle Conversions

Virginia will pursue offshore oil and natural gas drilling; support the improvement and expansion of intrastate and interstate gas pipelines; and expand... Read More

Energy Imports as Share of U.S. Consumption Lowest in 29 Years, EIA Says

The United States has been burning more natural gas this year and relying less on imported energy overall, according to the U.S. Energy Information Administration (EIA), which credited the Bakken, Marcellus and Eagle Ford shales as well as the Permian Basin for increased liquids production. Read More

Gas Glut Dissected by Variety of Forum Speakers in West

With varying degrees of bullishness, industry leaders, analysts and government representatives last Tuesday deconstructed the U.S. natural gas bonanza that seems to be the gift that keeps on giving, but not without various strings attached. Read More

Domestic NatGas Production Surge Continued Higher in July, EIA Says

U.S. natural gas production was 2.65 Tcf in July, up 3.7% compared with 2.55 Tcf in July 2013, and total production through the first seven months of 2014 was 18.26 Tcf, up almost 5% compared to the same period last year, according to the Energy Information Administration. Read More