Wednesday, October 2, 2019

Records Being Broken Across The US -- The US Shale Revolution -- October 2, 2019

A reader sent me this:
I know you covered the EIA 914, but one big story has been missed. Texas crossed the magic 5MM bopd line, finally.
https://www.eia.gov/petroleum/production/

Other magic number records that may break later this year:
  • GOM: 2 MM bopd
  • ND: 1.5 MM bopd
  • NM: 1 MM bopd
On the gas side:
  • NM just cracked 5 BCF/d for the first time;
  • ND is very close to breaking 3 BCF/d (maybe next month);
  • PA is close to breaking 20 BCF/d (probably early next year, maybe this year); and, 
  • even TX is not that far from breaking 30 BCF/d (probably next year).
https://www.eia.gov/petroleum/production/#ng-tab

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