Oil production in the Eagle Beach shale area of Texas will grow rapidly
-
Last Update: 2020-12-25
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
The U.S. Energy Information Administration (EIA) said in its monthly drilling productivity report that oil production in the Eagle Beach shale region of South Texas is expected to grow at its fastest pace in nine months in May. Oil production in the Eagle Beach shale region will reach 1.3 million bpd in May, 24,000 bpd higher than this month, the data showed. The Eagle Beach shale region, which has the second-highest oil production, still lags far behind west Texas's Bixie Basin, the largest U.S. oil producer, which will produce 3.2 million barrels per day next month, up 73,000 barrels per day from this month. But some analysts predict that oil production growth in the Eagle Beach shale may soon begin to grow faster than in the Bi-Layer basin, given the problems of the Bi-Era, including insufficient pipelines and other infrastructure.
。
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.
