Tag Archives: production

EIA expands geographic coverage of natural gas production with new data for 10 states

July 1, 2015 Source: U.S. Energy Information Administration, EIA-914 SurveyNote: . Beginning this week, EIA is expanding its reporting of monthly natural gas production by 10 additional states. The addition of these states—Arkansas, California, Colorado, Kansas, Montana, North Dakota, Ohio, Pennsylvania, Utah, and West Virginia—significantly enhances EIA’s monthly coverage, which was previously limited to Alaska, […]

Oil and natural gas production job declines tend to lag oil price declines

June 23, 2015 Source: U.S. Energy Information Administration, based on U.S. Bureau of Labor Statistics, Employment in oil and natural gas extraction and support activities in the United States reached nearly 538,000 in October 2014, but then it declined by about 35,000 jobs, or 6.5%, over the following six months, through April 2015, according to […]

U.S. crude oil production growth helps reduce Gulf Coast imports

June 22, 2015 Source: U.S. Energy Information Administration, In recent years, higher domestic production of light, tight crude oil has regions. One of the key characteristics of crude oil is its density, measured by . Less-dense liquids have higher API gravities. Crude oils with API gravities of 35 or above are considered light; 27 to […]

Proposed Clean Power Plan rule would reduce coal production, especially in the West

June 10, 2015 Source: U.S. Energy Information Administration, EIA’s analysis of the Environmental Protection Agency’s proposed Clean Power Plan rule shows U.S. coal production falling after the proposed rule takes effect. In 2024 in the Base Policy case, coal production falls to a level last seen in the late 1970s. Total production recovers gradually thereafter, […]

Crude by rail provides the West Coast with supply as regional crude oil production falls

June 9, 2015 Source: U.S. Energy Information Administration, Petroleum Supply MonthlyNote: 2015 reflects the average of January-March 2015. While total U.S. crude oil production increased by nearly 3.2 million barrels per day (b/d) from 2010 to 2014, production in the West Coast region (PADD 5) decreased by 0.1 million b/d, continuing a long-term decline. With […]

Increases in U.S. crude oil production are predominantly light, sweet crude

June 4, 2015 Source: U.S. Energy Information Administration, U.S. crude oil production has grown rapidly in recent years, primarily from light, sweet crude () from tight resource formations. Roughly 90% of the nearly 3.0 million barrel per day (b/d) growth in production from 2011 to 2014 consisted of light, sweet grades, meaning they have an […]

Implications of higher domestic crude production for U.S. refining

May 7, 2015 Source: U.S. Energy Information Administration, based on Turner, Mason & Company In response to multiple requests over the past years, EIA is developing a series of analyses that address the implications of current limitations on crude oil exports for prices, including both world and domestic crude oil and petroleum product prices, and […]

Increasing domestic production of crude oil reduces net petroleum imports

April 21, 2015 Source: U.S. Energy Information Administration, )Note: Product supplied is used as a proxy for consumption. In its recently released (AEO2015) Reference case, EIA expects U.S. crude oil production to rise through 2020 as oil prices recover from their steep decline, reducing net petroleum (crude oil and petroleum products) imports. AEO 2015 explores […]

EIA assesses options for processing additional U.S. light tight oil production

April 6, 2015 Source: Copyright BP, p.l.c. Used with permission With the growth in U.S. production of light tight oil (LTO) in recent years, petroleum refiners in the United States have been processing greater volumes of LTO. To date, increased volumes of domestic LTO have mainly been accommodated with no- and low-cost options such as […]

U.S. oil production growth in 2014 was largest in more than 100 years

March 30, 2015 Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 million bbl/d, the largest volume increase since recordkeeping began in 1900. On a percentage basis, output in 2014 increased by 16.2%, the highest growth rate […]

Falling rig counts drive projected near-term oil production decline in 3 key U.S. regions

March 17, 2015 Source: U.S. Energy Information Administration, Republished March 17, 2015, 10:00 a.m., text was modified to clarify content. EIA’s most recent . The DPR estimates, which were issued on March 9 and cover the months of March and April, include the first projected declines in crude oil production in these regions since publication […]

Oil production in federal Gulf of Mexico expected to continue increasing

March 3, 2015 Source: U.S. Energy Information Administration Note: Production data have not yet been reported for four of the eight fields (Cardamom Deep, Jack, St. Malo, and Tubular Bells). Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact […]

Growing U.S. HGL production spurs petrochemical industry investment

January 29, 2015 Source: U.S. Energy Information AdministrationNote: Includes only announced projects. Some high-risk projects excluded based on feasibility questions. Between 2014 and 2018, U.S. petrochemical capacity expansion projects are projected to increase domestic demand for and favorable petrochemical feedstock prices in the United States relative to the international market. The petrochemical industry uses hydrocarbon […]

Natural gas prices drop following strong production growth

January 28, 2015 Source: U.S. Energy Information Administration, Following a short-lived price increase in November, natural gas prices have dropped to their lowest levels since September 2012, reflecting strong domestic production and inventory builds. The 2013-14 winter’s sustained cold weather and and almost one trillion cubic feet (Tcf) lower than five-year (2009-13) average levels. Prices […]

Lower 48 oil production outlook stable despite expected near-term reduction in rig count

January 26, 2015 Source: U.S. Energy Information Administration, January Short-Term Energy OutlookNote: Graph does not include production from Alaska and the Federal Gulf of Mexico. The sharp decline in oil prices over the last quarter of 2014, which has continued in January, is already having a significant effect on drilling activity in the United States, […]

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