Tag Archives: production

U.S. production of crude oil grew 5% in 2017, reaching 10 million barrels per day in the last two months of the year (3/14/2018)

Annual average U.S. crude oil production grew by 463,000 barrels per day (b/d) in 2017 to 9.3 million b/d after declining by 551,000 b/d in 2016. In November 2017, monthly U.S. crude oil production grew 1.2 million b/d year-over-year and reached the highest level of production in U.S. history, surpassing 10 million b/d, a level […]

Sustained low oil prices could reduce exploration and production investment

September 24, 2015 Source: U.S. Bureau of Economic Analysis, U.S. Energy Information Administration Note: 2015 data are the average of the first two quarters. Low oil prices, if sustained, could mark the beginning of a long-term drop in upstream oil and natural gas investment. Oil prices reflect supply and demand balances, with increasing prices often […]

Global solar photovoltaic manufacturing production slows in recent years

September 14, 2015 Source: International Energy Agency, Note: Values include wafer and thin-film modules. Values are presented in gigawatts direct current. Growth in solar photovoltaic (PV) module production has slowed in recent years to 4% annually from 2011 to 2013 after increasing by an average of 78% from 2006 to 2011. In addition, the gap […]

Nigeria: Kaduna Refinery Resumes Production in Dec – NNPC

By Michael Eboh Abuja — The Nigerian National Petroleum Corporation, NNPC, disclosed yesterday that Kaduna Refinery will resume the production of Premium Motor Spirit, PMS (petrol), within the next three months. This was even as NNPC stated that it had lifted the embargo earlier placed on 113 vessels, banning them from engaging in crude oil […]

EIA improves monthly reporting of crude oil production

August 31, 2015 Source: U.S. Energy Information Administration, Note: Includes lease condensate. Data for 2015 reflect January through June. The EIA-914 survey began collecting monthly data in January 2015. With the release of the (PSM) later today, EIA is incorporating the first survey-based reporting of monthly crude oil production based on an expansion of its […]

Reduced offshore share in U.S. oil and natural gas production lowers risk from hurricanes

August 28, 2015 Source: U.S. Energy Information Administration, Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes in recent years, and the National Oceanic and Atmospheric Administration (NOAA) has predicted a below-normal 2015 hurricane season in its updated , released on August 6. Hurricane-related risk […]

EIA expects near-term decline in natural gas production in major shale regions

August 26, 2015 Source: U.S. Energy Information Administration, , August 2015 Natural gas production across all major shale regions in EIA’s (DPR) is projected to decrease for the first time in September. Production from these seven shale regions reached a high in May at 45.6 billion cubic feet per day (Bcf/d) and is expected to […]

India’s coal industry in flux as government sets ambitious coal production targets

August 25, 2015 Source: , Government of India, Ministry of Coal; news reportsNote: India fiscal year is April to March. For example, FY2005 represents April 1, 2004, to March 31, 2005. Data for 2015 are preliminary. Coal consumption in India, particularly in the electric power sector, is outpacing India’s domestic production. From 2005 to 2012, […]

Nuclear accord creates potential for additional crude oil production from Iran

August 13, 2015 Source: U.S. Energy Information Administration, On July 14, the P5+1 (the five permanent members of the United Nations Security Council and Germany) and Iran announced an agreement that could result in relief from United States and European Union nuclear-related sanctions (which include some oil-related sanctions). If the agreement is implemented and sanctions […]

EIA reports show different aspects of U.S. oil production statistics and trends

July 30, 2015 Source: U.S. Energy Information Administration, Petroleum Supply Monthly, Weekly Petroleum Status Report, Drilling Productivity Report, Short-Term Energy Outlook EIA publishes several reports covering current crude oil and natural gas production conditions and how recent trends may affect the near-term outlook for the oil and gas industry. Each EIA product is distinct in […]

Marcellus, Utica provide 85% of U.S. shale gas production growth since start of 2012

July 28, 2015 Source: U.S. Energy Information Administration, , July 2015 The productivity of natural gas wells in the Marcellus Shale and the neighboring Utica Shale is steadily increasing because of ongoing improvements in precision and efficiency of horizontal drilling and hydraulic fracturing occurring in those regions. Since January 2012, natural gas production in the […]

In Rocky Mountain region, increased crude production is being shipped by pipeline, rail

July 15, 2015 Source: U.S. Energy Information Administration, based on data from the Surface Transportation Board and Petroleum Supply MonthlyNote: Data for 2015 are average of January through April values. Rail and pipeline shipments of crude oil from the Rocky Mountain region (Petroleum Administration for Defense District 4) have steadily increased as regional crude oil […]

Coal production using mountaintop removal mining decreases by 62% since 2008

July 7, 2015 Source: U.S. Energy Information Administration, based on the Mine Safety and Health Administration, the Office of Surface Mining Reclamation and Enforcement, and state agenciesNote: Production excludes refuse coal. Coal production data for 2014 are preliminary. Coal production from mines with mountaintop removal (MTR) permits has declined since 2008, more than the downward […]

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