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Texas Oil Pipelines Face Dry Months as Production Languishes

2021-04-13 15:57:26| OGI

Construction spree has led to more capacity than producers can meet.

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CNOOC Starts Production at Caofeidian 6-4 Oil Field in Bohai Sea

2021-03-15 14:01:05| OGI

The project is expected to reach peak production of about 15,000 barrels of crude oil per day in 2023, according to the company statement.

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US EIA: US crude oil production fell by 8% in 2020, the largest annual decrease on record

2021-03-10 10:55:36| Green Car Congress

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US Crude Oil Production in 2021 to Decline Less Than Previously Forecast: EIA

2021-03-09 22:25:00| OGI

The EIA estimated that U.S. crude oil production in February was down 500,000 bbl/d from estimated January production, mostly due to the cold temperatures that affected much of the country, particularly Texas.

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Oil Production in Permian Basin Could Fall Due to Bidens Policies: Dallas Fed Report

2021-03-04 22:15:00| OGI

The Dallas Fed report also cautioned that oil refineries and chemical facilities on the Gulf Coast would need to adapt to losing barrels from the Permian Basin due to possible policy changes on federal lands made by Biden.

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