A Guest Post by George Kaplan GoM C&C production for July by BOEM was 1746 kbpd and by EIA 1761, compared with, respectively, 1631 and 1634 kbpd (corrected) in June. The EIA number is a new peak, the BOEM one … Continue reading
Tag Archives: US Oil Production
A Guest Post by George Kaplan Production Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going offline and Constitution staying … Continue reading
Dean Fantazzini has provided his latest estimates for Texas Oil and Natural Gas output.
Guest Post by George Kaplan GoM Production Production for May by BOEM was 1673 kbpd and by EIA 1661, compared with 1661 and 1658 kbpd, respectively in April. March looks like the peak, at least near term, for the basin, … Continue reading
A number of news media pieces have recently suggested that oil prices may fall due to soaring output in the US. Output from US light tight oil (LTO) may not rise as quickly as some EIA reports may suggest. One … Continue reading