Tag: April

Texas oil and gas production statistics for April 2017

Texas oil and gas production statistics for April 2017

Texas production in April 2017 came from 179,422 oil wells and 92,879 gas wells Production for April 2017 as reported to the Railroad Commission of Texas is 78,389,597 barrels of crude oil and 605,379,703 mcf of total gas from oil and gas wells, according to a press release. These preliminary figures are based on production […]

US petroleum demand rose in May, highest in 8 years

US petroleum demand rose in May, highest in 8 years

This was the second highest May export level ever Total American petroleum deliveries in May rose by 3.1 per cent from 2015 to average 19.7 million barrels per day, according to new statistics release by the American Petroleum Institute. Compared with April, total domestic petroleum deliveries, a measure of U.S. petroleum demand, decreased by 0.1 per […]

American shale oil output forecast to fall by record amount in May – EIA

American shale oil output forecast to fall by record amount in May – EIA

Drop of 114,000 b/d to 4.84 million b/d will be record oil production decline The 21-month long oil price decline is having a bigger than expected effect on American shale oil production, according to the US Energy Information Administration. Output is dropping for the seventh month in a row, 114,000 barrels per day to 4.84 million b/d, […]