OCT US production was up to 11.47 from 10.82. Mostly from hurricane recovery in FGOM. TX and NM down a little bit (not sure why, rigs should support growth). Rest of US pretty flat. OCT21 production was post-Covid record, but of course still far below 2019 levels.
Natural gas was up 2 BCF/d. Most producing states were up. WV notable for a 0.5 BCF/d increase. And it is now above OK in gas production. Fifth after LA. 4th if you exclude AK (which re-injects most of its gas). Gas is also at a post Covid record and getting closer to breaking pre-Covid records.
914 report out today.
ReplyDeletehttps://www.eia.gov/petroleum/production/
OCT US production was up to 11.47 from 10.82. Mostly from hurricane recovery in FGOM. TX and NM down a little bit (not sure why, rigs should support growth). Rest of US pretty flat. OCT21 production was post-Covid record, but of course still far below 2019 levels.
Natural gas was up 2 BCF/d. Most producing states were up. WV notable for a 0.5 BCF/d increase. And it is now above OK in gas production. Fifth after LA. 4th if you exclude AK (which re-injects most of its gas). Gas is also at a post Covid record and getting closer to breaking pre-Covid records.
Nice summary, thank you. I’ll move this up to body of blog where more easily accessed. Thank you.
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