Lower crude oil prices will mean less exploration and development | EIA

U.S. Energy Information Administration | EIA: Oil price weakness to affect global upstream activity.

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Natural gas is crushing wind and solar power — Why isn’t anyone talking about it? | Fox Business

Natural gas is crushing wind and solar power — Why isn’t anyone talking about it? | Fox Business The U.S. Energy Information Administration just announced some spectacular news that should be banner headlines across the country: The price of natural gas has fallen to its lowest February level in 20 years. The data shows that […]

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U.S. Federal Gulf of Mexico crude oil production to continue to set records through 2020 – Today in Energy – U.S. Energy Information Administration (EIA)

U.S. Federal Gulf of Mexico crude oil production to continue to set records through 2020 – Today in Energy – U.S. Energy Information Administration (EIA) — Read on http://www.eia.gov/todayinenergy/detail.php

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Study details Permian’s role in reserves growth – Midland Reporter-Telegram

A deep dive into the nation’s oil and gas reserves and production recently was undertaken by Ernst & Young LLP, looking at reserve disclosure information from 2014 through 2018. That period ranges from the triple-digit prices of early 2014 through the crash to near $30 a barrel in early 2016 and the price recovery since […]

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U.S. natural gas production reaches a new record despite low prices – Today in Energy – U.S. Energy Information Administration (EIA)

U.S. natural gas production continued to increase in August, setting a new daily production record of 92.8 billion cubic feet per day (Bcf/d) on August 19, 2019, according to estimates from IHS Markit. Natural gas production also set a new monthly record in August, averaging more than 91 Bcf/d for the first time. In the […]

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U.S. crude oil production surpassed 12 million barrels per day in April – Today in Energy – U.S. Energy Information Administration (EIA)

U.S. crude oil production surpassed 12 million barrels per day in April – Today in Energy – U.S. Energy Information Administration (EIA) — Read on http://www.eia.gov/todayinenergy/detail.php

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U.S. Oil, Gas Output Surges the Most Ever for a Single Country – Bloomberg

U.S. natural gas and crude oil production increased last year at the fastest pace ever for a single country. — Read on http://www.bloomberg.com/news/articles/2019-06-11/u-s-oil-gas-output-surges-the-most-ever-for-a-single-country

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EIA data show an unexpected weekly climb in U.S. crude supplies – MarketWatch

EIA data show an unexpected weekly climb in U.S. crude supplies Myra P. Saefong The Energy Information Administration on Wednesday reported that U.S. crude supplies rose by 5.4 million barrels for the week ended May 10. Analysts and traders expected a fall of 1.4 million barrels, on average, according to a survey by The Wall Street […]

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EIA raises forecast for 2019, 2020 U.S. crude output growth – Reuters

NEW YORK (Reuters) – U.S. crude oil production is expected to rise by 1.49 million barrels per day (bpd) in 2019 to average 12.45 million bpd, the U.S. Energy Information Administration (EIA) said on Tuesday, up from its previous forecast for a rise of 1.43 million bpd.  The EIA forecast output in 2020 will rise […]

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The number of drilled but uncompleted wells in the United States continues to climb – Today in Energy – U.S. Energy Information Administration (EIA)

The number of drilled but uncompleted wells in seven key oil and natural gas production regions in the United States has increased over the last two years, reaching a high of 8,504 wells in February 2019, according to well counts in EIA’s Drilling Productivity Report (DPR). The most recent count, at 8,500 wells in March […]

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