Posted on 11/19/2019 8:50:04 AM PST by bananaman22
Crude oil production in the U.S. shale patch is seen rising by 49,000 bpd next month to a record-high daily average of 9.133 million barrels. That’s according to the latest edition of the Energy Information Administration’s Drilling Productivity Report.
A month earlier, the EIA estimated that total shale oil production will rise by 58,000 bpd in November from October, to 8.971 million bpd. The latest report, however, pegged the November average at more than that: 9.048 million barrels daily.
(Excerpt) Read more at oilprice.com ...
The “leave it in the ground” crowd is deeply disappointed. So are the Iranian Mullahs, Arab Islamists and Russians.
GRRRRRRReta will not be pleased
winning.
Out in West Texas the dance goes on and the party never ends. (Yeah,right) ;)
That must be why all the November global warming is melting in my backyard.
How DARE they!!!!
There are still a large number of drilled wells that are not being produced yet because the collection lines haven’t been laid. The cracker nearing completion at Beaver, PA is an example of the good tidings yet to come from the abundance.
And yet in eastern Penn, the Penneast pipeline (from Luzerne Co. to NJ) is being stopped again by the court.
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