U.S. shale oil output to rise to record 8.8 mln bpdChristian Fernsby ▼ | September 17, 2019
U.S. oil output from seven major shale formations is expected to rise by 74,000 barrels per day (bpd) in October to a record high 8.843 million bpd, the U.S. Energy Information Administration said in its monthly drilling productivity report on Monday.
America Permian Basin of Texas
Topics: U.S. oil
Output in North Dakota and Montana’s Bakken region is expected to edge higher by about 2,000 bpd to a record 1.471 million bpd, the data showed. That is the smallest increase in the basin since May. ■