Tag Archives: stable

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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