Production News for United States

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US Oil Industry Set to Break Record, Upend Global Trade
Tuesday, January 16, 2018 The question of whether the shale sector can continue at this pace remains an open debate.

EIA: US Oil Output To Hit Record Over 11 MMbpd By End Of 2019
Tuesday, January 09, 2018 US crude oil production is expected to climb to more than 10 million bpd early in 2018, reaching that milestone for the first time since 1970.

EIA: US Crude, Natural Gas Output At Multi-Year Records In October
Friday, December 29, 2017 US crude oil production in October rose to the highest in more than 46 years, while natural gas production leaped to a new record.

Oasis Looks To Expand Oil Ambitions Beyond North Dakota's Bakken
Thursday, December 21, 2017 Oasis Petroleum is heading south to the nation's largest oilfield.

EIA: US Crude Stockpiles Slump, Gasoline Builds More Than Expected
Wednesday, December 06, 2017 US crude oil stockpiles fell more than expected last week as refineries hiked output.

Gadfly: The Billion Barrels That Make or Break the Oil Market
Monday, December 04, 2017 There are a billion barrels of oil simultaneously buoying the market and hanging over it like a giant storm-cloud.

IEA: US To Account For Most World Oil Output Growth Over 10 Years
Thursday, November 16, 2017 The United States is expected to account for more than 80% of global oil production growth in the next 10 years, IEA says.

US Cuts Natgas 2017 Output Growth Forecast, Raises 2018 Outlook
Tuesday, November 07, 2017 US natural gas production growth is expected to surge in 2018, after rising more modestly in 2017, EIA says.

Pioneer Natural 3Q Adjusted Profit Beats Expectations
Wednesday, November 01, 2017 Pioneer Natural Resources posts a better-than-expected adjusted profit, helped by rising commodity prices.

Views from the Crest of LNG's Second Wave: NextDecade's Kathleen Eisbrenner
Wednesday, November 01, 2017 The second wave adds another dimension to the LNG market.

Encana Calls End to Permian Race as Focus Turns to Output
Wednesday, October 18, 2017 Investors will focus on how profitably companies are able to produce from their current holdings, Suttles says.

Total Expects Port Arthur Refinery Production Return Soon
Tuesday, September 26, 2017 Total expects production soon from its 225,500-barrel-per-day Port Arthur, Texas, refinery.

Perry Highlights Need for Oil Reserve in Rebuke of Trump's Plan
Friday, September 15, 2017 Hurricanes Harvey and Irma demonstrate the importance of keeping the US Strategic Petroleum Reserve, Energy Secretary Rick Perry says.

EIA Lowers US 2017, 2018 Crude Output Forecasts After Harvey
Tuesday, September 12, 2017 The EIA revises both its 2017 and 2018 oil production forecast figures lower to reflect, in part, the effects of Hurricane Harvey.

Statoil Sees Eagle Ford Operations Back At Normal This Weekend
Thursday, September 07, 2017 Statoil says it expects its operations in the Eagle Ford shale region of Texas to return to normal.

ConocoPhillips Says Eagle Ford Shale Output Nears Pre-Harvey Levels
Tuesday, September 05, 2017 ConocoPhillips Says Eagle Ford Shale Output Nears Pre-Harvey Levels

Harvey's Wake Tempers Bullish Outlook for US Oil Output Growth
Friday, September 01, 2017 Oil analysts and some company executives had anticipated that the US could top the 10 million bpd mark by year-end.

Natural Gas Looks Hurricane-Proof, for Now: Nathaniel Bullard
Friday, September 01, 2017 US natural gas production is more widely distributed than it was in 2005.

BSEE: About 13.5% Of US Gulf Oil Output Still Shut In By Harvey
Thursday, August 31, 2017 About 13.5% of oil production in the Gulf of Mexico was shut in on Thursday due to Tropical Storm Harvey.

EIA: US Oil Inventories Drop By 3.3 Million Barrels
Wednesday, August 23, 2017 US crude stocks fell last week and gasoline stocks were down as well, the EIA says.

EIA: US Crude Stockpiles Fall The Most In Nearly A Year
Wednesday, August 16, 2017 US crude oil inventories fell for the seventh consecutive week in their largest drawdown in nearly a year.

North Dakota Oil Production Slips About 1% In June
Friday, August 11, 2017 North Dakota's daily oil production slips about 1% in June.

Rising Gas Output Drags Down Shares Of US Shale Leader Pioneer
Wednesday, August 02, 2017 Shares of Pioneer Natural Resources Co plunged after the US shale producer cut its oil-production growth forecast and said it would pump more natural gas this year, spooking investors.

Riverstone Unit Acquires SCOOP/STACK/MERGE Pipeline, ROW
Wednesday, August 02, 2017 Mainline Midstream, LLC has acquired more than 1,000 miles of oil and gas pipeline and rights of way (ROW) in the SCOOP/STACK/MERGE resource play.

EIA: US Crude Oil, Gasoline Stocks Fall Sharply
Wednesday, July 26, 2017 US crude stocks fell sharply last week due to strong refining activity and an increase in exports, the EIA says.

US Shale Oil Output Seen Up for Eighth Month at 5.6 Mln bpd -EIA
Monday, July 17, 2017 The U.S. shale production level reportedly would be the highest since record-keeping began in 2007.

US Natgas Output Seen Up in 2017, but Still Below 2015 Record
Tuesday, July 11, 2017 U.S. dry natural gas production in 2017 was forecast to rise to 73.30 billion cubic feet per day (bcfd) from 72.29 bcfd in 2016, according to the Energy Information Administration's (EIA) Short Term Energy Outlook (STEO).

TECH SHOWCASE: A 'Blindness' Cure for Operators
Monday, July 03, 2017 'Internet of Things' platform takes guesswork out of measuring fluid levels, gas flow, says exec. Image source: Weir Oil & Gas.

Big Oil Turns To Big Data To Save Big Money On Drilling
Friday, June 23, 2017 In today's U.S. shale fields, tiny sensors attached to production gear harvest data on everything from pumping pressure to the heat and rotational speed of drill bits boring into the rocky earth.

Alaska Field Hits 40 Years of Production
Tuesday, June 20, 2017 The BP-operated Prudhoe Bay oil field in Alaska reaches 40 years of production, generating more than 12.5 billion barrels of oil in the process.

Hess To Sell Permian EOR Assets To Occidental For $600 Million
Monday, June 19, 2017 Hess says it will sell its stake in enhanced oil recovery (EOR) projects in the Permian Basin of West Texas and New Mexico.

North Dakota's Oil Output Rises 2% In April
Tuesday, June 13, 2017 North Dakota's daily oil production rose 2% in April as rising crude prices encouraged companies to pump more.

North America's Busiest Oil Dealmaker Turns Focus to Production
Tuesday, May 02, 2017 After five years of snapping up more oil assets than any of its peers in North America, Crescent Point Energy Corp. is turning its focus to getting more out of them.

Drillers Run to Stand Still as Rigs Don't Mean More US Gas
Friday, April 28, 2017 US natural gas producers are running hard to stand still.

Blackstone Bets Gas Money Will Be Made in the Oil Patch
Tuesday, April 18, 2017 The oil boom in the Permian Basin, America's most prolific crude play, has become a gas boom.

May US Shale Oil Output Seen Rising Most In Over 2 Years
Monday, April 17, 2017 US shale production in May was set for its biggest monthly increase in more than two years, government data shows.

Williams Partners Sharpens Natgas Focus With Petrochem Plant Sale
Monday, April 17, 2017 Williams Partners LP says it will sell its stake in a unit that owns 88.46% of an olefins plant in Louisiana to Nova Chemicals for $2.1B in cash.

Dakota Access Pipeline To Start Interstate Service May 14
Friday, April 14, 2017 The controversial Dakota Access Pipeline will begin interstate crude oil delivery on May 14, according to a filing.

Land Swaps Let Permian Drillers Expand Shale Wells on the Cheap
Wednesday, March 29, 2017 Horizontal drilling in the Permian Basin is creating a new kind of swap meet.

Drilling Boom in Hottest US Oil Play Is Bad News for Gas Bulls
Monday, March 13, 2017 A drilling surge in America's hottest oil play may prove to be a pitfall for natural gas bulls.

Saudi Arabia and Iraq Crude Exports to US Hit Five-Year High
Friday, February 24, 2017 Prior to implementation of OPEC’s November agreement to cut oil production, both Saudi Arabia and Iraq were producing high volumes, which boosted exports.

Energy Transfer Says Dakota Access Pipeline 99% Complete
Thursday, February 23, 2017 Energy Transfer Partners LP says that 99% of its controversial Dakota Access Pipeline is complete after receiving all federal authorizations necessary.

Dakota Access Granted Approval Without Trump's Renegotiation
Thursday, February 09, 2017 When President Donald Trump advised expediting the controversial Dakota Access oil pipeline, he said he'd negotiate the terms. But the project was green-lighted with no strings attached.

Statoil's Exploration Chief Sees More Drilling Offshore US, Russia
Tuesday, February 07, 2017 Statoil will probably continue its exploration work offshore the US, despite an unsuccessful campaign so far, and also expects more drilling in Russia, the company's exploration chief says.

BP May 'Incrementally' Increase U.S. Shale Portfolio
Tuesday, February 07, 2017 BP is looking at ways to incrementally increase its footprint in U.S. shale oil and gas production, its Chief Executive Officer Bob Dudley says.

US FERC Approves ETP Rover Natgas Pipeline From Penn To Ontario
Friday, February 03, 2017 US energy regulators approve construction of Energy Transfer Partners LP's Rover natural gas pipeline from Pennsylvania to Ontario.

EIA: US Oil Production Rose 105,000 Bpd In November
Tuesday, January 31, 2017 US crude output rose for the second consecutive month in November, according to a US government report released.