EIA: U.S. shale oil production hits 3-year high in April
Recently, the U.S. Energy Information Administration (EIA) released a forecast that in April this year, the crude oil production of major domestic shale oil producing areas in the United States will reach 9.21 million barrels per day, an increase of 68,000 barrels per day from March, which is expected to hit a record before the epidemic. The highest level since December 2019.
Among them, shale crude oil production in the Permian Basin across Texas and New Mexico is expected to reach a record 5.62 million barrels per day, an increase of 26,000 barrels per day from the previous month.
In addition, shale crude oil production across the Bakken formation in North Dakota and Montana is expected to reach 1.16 million barrels per day, an increase of 18,000 barrels per day from the previous month. That would be the highest level since March 2022. Shale oil production in the Eagle Ford formation in Texas is expected to reach 1.13 million barrels per day, an increase of 9,000 barrels per day from the previous month and the highest level since April 2020.
Adani Group suspends PVC project
You May Interested In
Glow70/KLOW80 99% China Peptides Warehouse Direct Delivery Lyophilized Powder in Stock
$169/UNIT FOB
2026-10-17
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Announcement: Zhongke Meisi (Yantai) to Construct 5,000-ton Annual Nuclear Coatings Production Project
-
Gansu Jinghong plans to build a production line with 2,000 t/a of Prothioconazole and 4,000 t/a of intermediates
-
EIA predicts global liquid fuel production will exceed demand this year and next
-
A Comprehensive Overview of China’s Special Engineering Materials Market: How Should the Industry Rebuild Its Capabilities Amid Growing Downstream Pressure?
-
Suave Brands and Elida Beauty Complete Merger to Form Personal Care Giant Evermark with Annual Retail Sales Near $1.9 Billion
-
Sichuan’s 120,000 Tons Approved, Shandong’s 500,000 Tons on the Way:Is Wanhua Chemical Set to “Break Through” the LFP Market?
-
The Carbon Neutrality Hidden in Adhesives: Henkel’s Acquisition of ATP Isn’t About Sticking Better—It’s About Moving Faster
-
Lilly Bets US$3 Billion on China While Simultaneously Cracking Down on the Gray Market for Weight-Loss Drugs
-
LB Group Accelerates Overseas Investment: Securing Mines in Western Australia and Building a Plant in Malaysia
-
Shin-Etsu Chemical Invests $218 Million in Rare Earth Refinery as Multiple Countries Accelerate Domestic Production
Recommend Reading
-
![Two Major Chemical Companies Collapse in May as the Global Industry Faces a Broad Downturn]()
Two Major Chemical Companies Collapse in May as the Global Industry Faces a Broad Downturn
-
![Roche Keeps German Diagnostics Investment]()
Roche Keeps German Diagnostics Investment
-
![From LANXESS’s 50% to Tire Makers’ 5%: The Rubber Industry Chain Is Experiencing a “Decreasing-Cost Transmission”]()
From LANXESS’s 50% to Tire Makers’ 5%: The Rubber Industry Chain Is Experiencing a “Decreasing-Cost Transmission”
-
![Wanhua Chemical's 240,000-ton/year Iron Phosphate Project Approved]()
Wanhua Chemical's 240,000-ton/year Iron Phosphate Project Approved
-
![Pharmaceutical State-Owned Enterprise Acquires Leading Pesticide Company for RMB 5.656 Billion, Betting on Synthetic Biology Industrialization]()
Pharmaceutical State-Owned Enterprise Acquires Leading Pesticide Company for RMB 5.656 Billion, Betting on Synthetic Biology Industrialization
-
![China's Urea Market First Rises Then Falls (6.7-6.15)]()
China's Urea Market First Rises Then Falls (6.7-6.15)
-
![This Week's PVC Market Rebounds in China (1.19-23)]()
This Week's PVC Market Rebounds in China (1.19-23)
-
![US-Iran Ceasefire: June DOP Prices First Rise and Then Fall]()
US-Iran Ceasefire: June DOP Prices First Rise and Then Fall
-
![Supply Reduction, Acrylonitrile Market Hits Bottom and Consolidates]()
Supply Reduction, Acrylonitrile Market Hits Bottom and Consolidates
-
![Formic Acid Stabilizes After a Phased Sharp Drop]()
Formic Acid Stabilizes After a Phased Sharp Drop
- Hot Searches
- reta peptide buy online
- naphthenic rubber processing oil market
- estradiol valerate tablets
- adipic acid
- ammonium sulphate crystalline
- buy pharmaceutical grade steroids
- ethyl bromide
- janoshik tirzepatide
- fluocinolone acetonide oil ear drops 0.01 price
- formaldegyde
- dichloromethane sds
- ag chemi