facebook
twitter
rss
account
search
search
 

Shale oil, gas production to increase, EIA says

Production from U.S. shale basins set to increase, EIA says.
By Daniel J. Graeber   |   April 15, 2014 at 9:59 AM   |   Comments

| License Photo
WASHINGTON, April 15 (UPI) -- Oil production and natural gas production from the six prominent shale basins in the United States should increase in May, a U.S. drilling report said.

The U.S. Energy Information Administration issued a monthly drilling report for the six shale basins -- Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara and Permian -- that together account for almost 90 percent of the growth in U.S. oil production and nearly all of the gains in natural gas.

For oil production from the shale basins, EIA expects a net increase of 71,000 barrels per day for 4.3 million bpd in May. The Eagle Ford shale area in Texas is expected to lead in terms of oil production with a 2.3 percent increase from April to May.

For natural gas, the administration said 38.9 billion cubic feet of gas per day should come from the six basins in May, a net change of 467 million cubic feet from April. The Marcellus shale in the Appalachian region leads with a 1.7 percent increase in production from April to May.

Shale exploration is controversial because some of the chemicals used in the process are viewed as an environmental threat.


[EIA]

Follow @dan_graeber and @UPI on Twitter.
Contact the Author
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Russian bank boss feeling sanctions pain Russian bank boss feeling sanctions pain
2
New Navy sub ready for outfitting, testing New Navy sub ready for outfitting, testing
3
Army deploying JLENS radar system to help protect Washington, D.C. Army deploying JLENS radar system to help protect Washington, D.C.
4
No means yes for Scotland, energy companies say No means yes for Scotland, energy companies say
5
EIA: Russia diversifying energy production EIA: Russia diversifying energy production
Trending News
Video
x
Feedback