November will be a strong month for U.S. shale oil, but the Eagle Ford will likely see only meager increases in production.
Eagle Ford Shale Rig Count Inches up to 83
The Energy Information Administration (EIA) is predicting an increase of 81,000 barrels a day next month for shale drilling, bringing the total output to 6.12 million barrels a day.
The greatest gains will be in the Permian basin region of west Texas, where the agency expects increases of 50,000 barrels a day in November. Other shale fields that will see increases include:
- The Eagle Ford: 2,000 barrels a day
- Anadarko basin: 9,000 barrels a day
- Niobrara: 9,000 barrels a day
- Bakken shale: 8,000 barrels a day
The Eagle Ford will see larger increases for natural gas production in November, with the EIA predicting an increase by 18 million cubic feet/day.
Hurricane Harvey disrupted U.S. production by 186,000 b/d in August and decreasing to 53,000 b/d in September. Hurricanes Irma and Maria did not affect U.S. crude oil production