Crude oil production in the Eagle Ford and across the U.S. is at its highest level in over a year, according to data from the Energy Information Administration.
The Energy Information Administration (EIA) reported this week that oil production has increased to levels not seen since early 2016.
In 2015, oil production in the Eagle Ford hit a high of 1,701,168 bb/d and then began a 2-year decline. But things are looking up and the EIA is reporting that June oil production will be at 1,280,979 bbl/d, the highest level since March 2016.
Oil production across the U.S. is seeing similar results. For March 2017, production was at 9,098, 000 bbl/d, the highest since April 2016.
- April '16: 8947
- July '16: 8711
- Sep '16: 8567
- Jan '17: 8858
- Mar '17: 9098
The Texas Railroad Commission reported that Karnes County was the biggest Texas producer in March, producing 6,969,260 bbls of crude. Other Eagle Ford counties in the top ten included Dewitt, La Salle and McMullen. For the last few month, Midland County edged out Karnes for the top spot, but fell back in March to second place.