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EIA: US Natural Gas Output, Demand to Fall for Second Year in 2021
If the EIA outlook is correct, 2021 would be the first time U.S. natural gas output falls for two years in a row since 2005, and 2022 would be the first time consumption falls for three consecutive years since 1983.
US Drillers Add Most Oil and Gas Rigs in a Quarter Since 2017
The oil and gas rig count, an early indicator of future output, rose 3 to 351 in the week to Dec. 30, energy services firm Baker Hughes Co. said in its closely followed report.
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.