Oil and natural gas output from top U.S. shale-producing regions is set to fall in September for the second straight month to the lowest levels since May, Energy Information Administration data showed on Monday.
Shale oil output is expected to fall to 9.41 million barrels per day in September, EIA data showed. It had touched 9.45 million bpd in July, its highest on record.
Crude oil production in the South Texas Eagle Ford region is due to fall by 11,000 bpd to 1.11 million bpd, the lowest since December. Total natural gas output in the big shale basins will also fall for a second month in a row, by about 0.15 billion cubic feet per day , to 98.3 bcfd in September, its lowest since May, the EIA projected. That compares with a monthly gas output record of 98.5 bcfd in July.
Gas output in the Permian will rise to record high of 23.67 bcfd in September, while that from the Haynesville in Texas, Louisiana and Arkansas will edge down to 16.3 bcfd.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crude Oil Prices TodayCrude oil prices & gas price charts. Oil price charts for Brent Crude, WTI & oil futures. Energy news covering oil, petroleum, natural gas and investment advice
Read more »
Cleveland Oktoberfest Returns to Cuyahoga County Fairgrounds First Two Weekends in SeptemberThe festival is the place to go to for Oktoberfest-style beers and delicious German and European foods
Read more »
Hotel Congress to celebrate last HoCoFest ever in SeptemberThe 2023 HoCoFest will be the last of its kind in an effort to preserve the value of what it uniquely offers for the community.
Read more »
City of San Antonio extends pool season through most of SeptemberWith the sweltering summer temperatures still in full swing, the City of San Antonio has extended the pool season through most of September.
Read more »
Trendz joins the September comeback lineup | allkpopTRENDZ, known as 트렌드지 in Korean and トレンドジー in Japanese, is a dynamic seven-member boy group represented by Global H Media. They made their mark in t…
Read more »
Si Spurrier Drops Three New #1s Across Three Weeks Of SeptemberSi Spurrier used to write for Bleeding Cool and a favourite elsewhere. Next month, he’s relaunching three series from three publishers.
Read more »