The US is forecast to raise its oil output in two of its main shale oil basins next month by 79,000 barrels per day (bpd), the highest level since March 2020, according to recent data by the country’s Energy Information Administration (EIA).
Total oil production in US shale basins is expected to increase by 141,000 bpd to reach 9.04 million bpd in September, the EIA said in its monthly drilling productivity report.
The related data forecasts a record-high jump in production in the Permian basin at 79,000 bpd next month and shows the region’s total output will rise to 5.408 million bpd in September.
This is followed by Eagle Ford where production is expected to rise by 21,000 bpd to reach 1.230 million bpd, the highest since April 2020.
The EIA predicts that Bakken in North Dakota and Montana will total 1.157 million bpd by rising 21,000 bpd in September, the highest since November 2021.
The agency foresees that production will remain the same in Haynesville but will rise by 6,000 bpd in the Anadarko and Niobrara basins and up by 3,000 bpd in Appalachia.
