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OPEC Sees US Shale Output Recovering Further on Oil Rally
The outlook for U.S. shale oil is slightly more “optimistic” due to rising prices and output will recover further in the second half of 2021, OPEC said on Jan.14, in a sign its policy of cutting output is helping rivals pump more.
North Dakota Daily Oil Production Holds Steady at 1.2 Million Barrels
North Dakota oil production was just over 1.2 million bbl/d in October, holding near its strongest levels since the coronavirus pandemic began to curtail output in the state's Bakken shale field.
E&P Plus: November 2020 US Drilling Activity Highlights
Check out the latest oil and gas drilling activity highlights across the U.S. featured in the November issue of E&P Plus including a Purple Sage Field-Wolfcamp well in New Mexico, a Haynesville Shale producer in Louisiana’s Sabine Parish and an Ascent Resources Utica Shale discovery.