Projected Shale Decreases This Month -- August 10, 2015

The Oil & Gas Journal is reporting:

Crude oil production in September from seven major US shale plays is expected to decline 93,000 b/d to 5.27 million b/d, according to the US Energy Information Administration EIA previously projected a 91,000-b/d decline for both July and August.

The DPR focuses on the Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara, Permian, and Utica, which altogether accounted for 95% of US oil production increases and all US natural gas production increases during 2011-13.

The Eagle Ford continues to represent a bulk of the overall oil output declines, projected to fall 56,000 b/d in September to 1.48 million b/d. The Bakken is expected to fall 27,000 b/d to 1.16 million b/d, and the Niobrara is expected to fall 18,000 b/d to 399,000 b/d.

In the Permian, meanwhile, EIA projects a larger increase for September than it projected for August, forecasting a September rise of 8,000 b/d to 2.04 million b/d.

So, the big three among the oily plays, the Bakken, at 1 million bopd; the mostly oil play, the Permian at twice that, at 2 million bopd, and the oily/gassy play, the Eagle Ford right in between at 1.5 million bopd.