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US Crude Oil Production Seen Hitting New Record High In 2019

2019-07-09 19:10:25| OGI

Crude oil production in the U.S. will rise to an all-time high of 12.36 million bbl/d in 2019 from a record high of 10.96 million bbl/d last year, the EIA says.

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Israels Navitas: Oil Production Starts At Gulf Of Mexicos Buckskin

2019-06-17 15:33:18| OGI

Production is expected to last some 18 years and bring in total revenue to Navitas and its partners of about $11.3 billion, the company said in a statement.

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US Oil Production Projected To Rise Less Than Previously Expected

2019-06-11 19:10:28| OGI

Despite the slowdown this year, the EIA expects U.S. oil production to continue to set new records in 2019 and 2020, an administration with the Energy Department said.

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As Permian Oil Production Turns Lighter, Price Outlook Darkens

2019-06-06 22:29:44| OGI

The United States may now be the world's biggest crude producer, but the oil being produced in its prolific Permian basin is increasingly too light in density for domestic refiners or for exports, eroding prices for these orphan barrels.

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IHS Markit: Canadian oil sands production to be ~1M barrels higher by 2030 but with lower annual growth; boosted by deterioration in Venezuela

2019-06-06 11:57:05| Green Car Congress

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