November will be a strong month for U.S. shale oil, but the Eagle Ford will likely see only meager increases in production.
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