Americans will increase oil production up to 5,193 million barrels/day in May 2017

Market participants are waiting for tough times - American energy Department predicts the growth of shale oil in the United States. 23.Apr.17 10:41 PM By Christina Orlina Photo Toinnov.com    484

According to authorities, in May 2017, shale oil fields in the U.S. will increase in comparison with April 2016 to 124 thousand bbl/day, up to 5,193 million barrels. Meanwhile, the EIA forecast can be superficial, do not reflect the real picture. Example - in March 2017, the Agency predicted average daily oil production in the country in April 2017 at the level of 4,961 million barrels. According to US Department of energy, the biggest increase in production in may 2017 is expected to deposits of Permian - 76 thousand barrels - up to 2,362 million barrels/day. In the fields of the Eagle FordF in Texas oil production will grow by 39 thousand barrels - up to 1,216 million barrels/day. In the fields of the Marcellus production will increase to 40 thousand bbl/day, on the field, the Utica - to 52 thousand barrels/day. But oil production on the field, the Haynesville will remain unchanged at 44 thousand bbl/day. The production decline is expected in the Bakken in North Dakota - on 1 thousand barrels - up to 1,023 million barrels/day. EIA expected in may 2017 growth of gas production at those fields in the U.S. at 501 million F3 to F3 50,089 billion. In March 2017, the Agency predicted that oil production in the country in 2017 will increase to 9.21 million barrels/day. Forecast US Department of energy in 2018 was also revised upward - from 9.53 million barrels/day to 9.73 million barrels/day.

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