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US

US

US – update through December 2021

US tight oil production was up by about 1% in December, at 7.7 million b/d (after upcoming revisions), the highest level in over 1.5 years, and just 0.7 million b/d below the peak in 2019. Tight gas output set a fresh record in December, at over 80 Bcf/d (excluding West Virginia and after upcoming revisions).

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Enno Peters
  • Apr 08, 2022
  • 3 mins read
US

US – update through November 2021

US tight oil production rose to almost 7.6 million b/d in October (after upcoming revisions), 0.4 million b/d higher than 12 months earlier. Tight gas continued to rise as well, and came in at 72 Bcf/d in October (excluding Ohio & West Virginia and after upcoming revisions).

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Enno Peters
  • Mar 10, 2022
  • 4 mins read
US

US – update through October 2021

US tight oil production rose to almost 7.6 million b/d in October (after upcoming revisions), 0.4 million b/d higher than 12 months earlier. Tight gas continued to rise as well, and came in at 72 Bcf/d in October (excluding Ohio & West Virginia and after upcoming revisions).

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Enno Peters
  • Feb 10, 2022
  • 3 mins read
US

US – update through September 2021

US tight oil production rose to 7.5 million b/d in September (after upcoming revisions), 0.4 million b/d more than at the start of 2021. Tight gas production is already setting new heights each month (toggle product to ‘Gas’ to see this), and came in at 85 Bcf/d in September.

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Enno Peters
  • Jan 07, 2022
  • 3 mins read
US

US – update through August 2021

US tight oil production rose to over 7.3 million b/d in August (after upcoming revisions), the highest level since May last year (6.2 million b/d), although still below the peak in November 2019 (8.4 million b/d). Excluding West Virginia, tight gas production is already setting new records, and was 78 Bcf/d in August (toggle product to ‘Gas’ to see this).

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Enno Peters
  • Dec 14, 2021
  • 4 mins read
US

US – update through July 2021

US tight oil production was flat m-o-m in July, at 7.2 million b/d (after upcoming revisions), almost 1.5 million b/d below the November 2019 peak. Natural gas output was also basically flat, at just above 70 Bcf/d (excluding Ohio & West Virginia).

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Enno Peters
  • Nov 04, 2021
  • 4 mins read
US

US – update through June 2021

US tight oil production was flat m-o-m in June, at 7.3 million b/d (after upcoming revisions). Natural gas production was above 82 Bcf/d, bringing it on par with the record high in November 2019. In the first 6 months of this year, fewer than 4 thousand horizontal wells came online in all the US shale basins, the lowest number in a decade.

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Enno Peters
  • Oct 05, 2021
  • 4 mins read
US

US – update through May 2021

US tight oil production rose by 100 thousand b/d in May, to 7.2 million b/d (after upcoming revisions). This was almost a million b/d higher than a year earlier, when extremely low prices caused a significant part of production to be curtailed. But compared with the peak in November 2019, output fell by almost 1.5 million b/d.  Natural gas production (excl. Ohio & West Virginia) grew slightly as well, to a fresh record at just above 70 Bcf/d.

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Enno Peters
  • Sep 08, 2021
  • 4 mins read
US

US – update through April 2021

US tight oil production was flat in April, month-over-month, at 7.1 million b/d (after upcoming revisions). Natural gas production (excl. Ohio & West Virginia) set a new record in April, at 70 Bcf/d.

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Enno Peters
  • Aug 03, 2021
  • 4 mins read
US

US – update through March 2021

March US tight oil production more than made up for the 1 million b/d loss in February, and at 7.1 million b/d was slightly higher than the January level. Natural gas production (excl. West Virginia) also recovered by 6 Bcf/d, and was at 73.6 Bcf/d just 3% below the historical peak in November 2019 (76.1 Bcf/d).

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Enno Peters
  • Jul 07, 2021
  • 4 mins read
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