Tag Archives: provide

Crude oil swaps with Mexico could provide economic and environmental benefits

September 10, 2015 Source: U.S. Energy Information Administration, based on Chevron crude assay library Note: Kerosene includes a small amount of distillate and naphtha material. U.S.-Mexico crude oil swaps approved last month by the U.S. Department of Commerce’s Bureau of Industry and Security will likely involve exchanges of U.S. light sweet crude for Mexican heavy […]

Tanzania: Oil and Gas Need Not Be a Curse, They Can Provide a Lifeline for Previously Poor Countries

opinion By Mark Suzman This month, President Jakaya Kikwete of Tanzania took a major step toward ensuring his country’s fiscal and economic stability by signing legislation that will help ensure revenue from Tanzania’s natural gas discoveries bring socioeconomic progress for Tanzanian citizens. These recent gas discoveries have the potential to bring in as much as […]

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 […]

Natural gas, renewables projected to provide larger shares of electricity generation

May 4, 2015 Source: U.S. Energy Information Administration, Republished 1:15 p.m. May 4, 2015 to correct an error in the graph. EIA’s (AEO2015) Reference case projects that electricity consumption will increase at an average annual rate of 0.8% from 2013 to 2040, nearly in line with expected population growth. Continuing a recent trend toward lower […]

Updated geologic maps provide greater detail for Marcellus formation

April 1, 2015 Source: U.S. Energy Information Administration, based on DrillingInfo Inc., New York State Geological Survey, Ohio State Geological Survey, Pennsylvania Bureau of Topographic & Geologic Survey, West Virginia Geological & Economic Survey, and U.S. Geological SurveyNote: Map includes production wells from January 2003 through December 2014. . Natural gas production from the Marcellus […]

U.S. commercial crude oil inventories now provide the most days of supply since 1985

March 19, 2015 Source: U.S. Energy Information Administration, Petroleum and Other Liquids and Short-Term Energy Outlook Note: U.S. crude oil inventories exclude Strategic Petroleum Reserves. December 2014 to February 2015 are estimates. With lower U.S. refinery runs and increases in domestic crude oil production, U.S. commercial crude oil inventories at the end of February provided […]

EIA updates Eagle Ford maps to provide greater geologic detail

January 21, 2015 Source: U.S. Energy Information Administration, DrillingInfo, Inc., Texas Natural Resources Information, U.S. Geological Survey, University of Texas Bureau of Economic Geology Recent updates to the Energy Information Administration’s for the Eagle Ford tight oil and shale gas play in Texas help to characterize the formation’s structure, thickness, and surface area, as well […]

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 […]

North Dakota and Texas now provide nearly half of U.S. crude oil production

July 1, 2014 Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude production in April 2014 was 8.4 million barrels per day (bbl/d), with two states, Texas and North Dakota, accounting for nearly half of this total. Texas production topped 3.0 million bbl/d for the first time since the late 1970s, more than doubling […]

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