Tag Archives: production

Regional refinery trends evolve to accommodate increased domestic crude oil production

January 15, 2015 Source: U.S. Energy Information Administration Note: As of January 1, 2014, there were 133 operating refineries with atmospheric crude oil distillation units (ACDU) totaling capacity of 18.9 million barrels per stream day. Heavy capacity denotes refineries with coking capacity; light capacity denotes refineries without coking capacity. Note: . Recent rapid growth in […]

Presalt oil and natural gas provide an increasing share of Brazil’s production

January 9, 2015 Source: U.S. Energy Information Administration, Agência Nacional do Petróleo, Gás Natural e Biocombustíveis In 2013, Brazil produced 2.0 million barrels per day (bbl/d) of crude oil and nearly one trillion cubic feet (Tcf) of gross natural gas. Within these figures, the share of production from presalt resources found under thick layers of […]

Kenya: Turkana Obtains Sh2.94 Billion Grant From British Govt Ahead of the Commencement of Oil Production

Turkana County government has obtained Sh2.94 billion grant from the British Government for sensitization of the local community ahead of the commencement of oil production. Governor Josphat Nanok said there is need for the community to be taken on board at the onset of the production phase by Tullow Oil Company to manage public expectations. […]

Angola: China Avails Loan to Boost Oil Production

Luanda — A U.S 2.0 billion credit will be granted by the China Development Bank to the Angolan Oil Company (Sonangol E.P) to boost its expansion projects in the oil and gas segments. The information is contained in a Sonangol’s press release that reached Angop on Friday. According to the source, the granting of the […]

Despite lower crude oil prices, U.S. crude oil production expected to grow in 2015

December 12, 2014 Source: North Dakota Department of Mineral Resources, Bloomberg The recent decline in crude oil prices has created the potential for weaker crude oil production. EIA’s Drilling Productivity Report (DPR) includes indicators that provide details on the effect low prices may have on tight oil production, which accounts for 56% of total U.S. […]

Shale gas provides largest share of U.S. natural gas production in 2013

November 25, 2014 Sources: U.S. Energy Information Administration, Form EIA-895, “Annual Quantity and Value of Natural Gas Production Report”; Form EIA-914, “Monthly Natural Gas Production Report”; the Bureau of Safety and Environmental Enforcement, and predecessor agencies; state agencies; LCI; DI; Ventyx; BENTEK Energy; and EIA estimates based on historical data Republished November 25, 2014, 10:15 […]

EIA tracks oil and natural gas production by both surface location and geologic formation

November 10, 2014 Source: U.S. Energy Information Administration, EIA uses two differing methods to determine production from major and minor oil and natural gas plays onshore in the United States. One method takes a geographic approach, focusing on surface-level analysis, and the other method uses a geologic approach, focusing on formation-level details. The differences between […]

Texas leads nation in growth in oil and natural gas production jobs during 2013

November 5, 2014 Source: U.S. Energy Information Administration, based on U.S. Department of Labor, Note: Oil and natural gas production jobs comprise the North American Industry Classifications System (NAICS) categories for oil and gas extraction, support activities for oil and gas operations, and drilling oil and gas wells. Texas added more than 19,000 new private […]

Higher Permian production, constrained infrastructure increase spread between WTI oil hubs

September 23, 2014 Source: U.S. Energy Information Administration, Thomson Reuters Increasing production of crude oil in the Permian Basin in western Texas, and has been increasing for almost a year, recent refinery outages in the region caused it to widen substantially. Several infrastructure projects that will allow more crude to flow from the Permian to […]

New petroleum technology revitalizes Powder River Basin oil production

September 15, 2014 Source: U.S. Energy Information Administration and Drillinginfo, Inc. The Powder River Basin, well known for its abundant coal supply, is experiencing a turnaround in oil production. Production has rebounded from a low of 38,000 barrels per day (bbl/d) in 2009 to 78,000 bbl/d during first-quarter 2014. Although U.S. oil production growth is […]

U.S. liquid fuels production growth more than offsets unplanned supply disruptions

August 27, 2014 Source: U.S. Energy Information Administration, and IntercontinentalExchangeNote: The difference between U.S. liquid fuels and crude oil production represents production of hydrocarbon gas liquids, biofuels, and refinery processing gain. Non-OPEC supply disruptions include both crude oil and liquid fuels, while OPEC disruptions include only crude oil. Growth in oil production and supply disruptions […]

Energy reform could increase Mexico’s long-term oil production by 75%

August 25, 2014 Source: U.S. Energy Information Administration, International Energy Outlook 2014 preliminary projections On August 11, Mexico’s president signed into law legislation that will open its oil and natural gas markets to foreign direct investment, effectively ending the 75-year-old monopoly of state-owned Petróleos Mexicanos (Pemex). These laws, which follow in Mexico’s constitution to eliminate […]

Marcellus Region production continues growth

August 5, 2014 Source: U.S. Energy Information Administration, Republished August 5, 2014, 10:35 a.m., text was edited to clarify content. Natural gas production in the Marcellus Region exceeded 15 billion cubic feet per day (Bcf/d) through July, the first time ever recorded, according to EIA’s latest . The Marcellus Region, mostly located in West Virginia […]

Bakken fuels North Dakota’s oil production growth

August 4, 2014 Source: U.S. Energy Information Administration, Note: The Bakken counties total exceeds the North Dakota state total because the Bakken counties include crude oil production from some counties in eastern Montana. North Dakota production is for the entire state, not just counties in the Bakken Region. North Dakota crude oil production surpassed 1.0 […]

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