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Friday, September 28, 2018

US Crude Oil Production, July, 2018: 10.964 Million BOPD

EIA, monthly petroleum numbers, link here. And the number is ... 10.964 million bbls. From a reader, earlier:
JUN (reported 2 months delay) was at 10.674 million bopd.  The peak oilers are predicting 10.55.  I am thinking more like 10.8.  But always interesting to watch (like the NDIC report).
  • Year-to-date, the January - July, 2018, daily average is 10.474 million bopd:
  • July, 2018, daily average: 10.964 million bopd:


Note: had the Bakken produced 36,000 more bopd, the US would have hit 11 million bopd. That represents about 3% of North Dakota's daily production. 

The Ryder Cup, link: the headline is ugly; the details are even uglier, e.g., Mickelson and DeChambeau's "5 and 4" loss. Some of the members of the afternoon US teams: Rickie Fowler (Rocket Mortgage); Phil Mickelson (too many to list); Jordan Spieth (Under Armour).


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