Monday, February 3, 2025

Milestone: Permian Basin Eclipses 2,000 MBOPD in EIA’s Drilling Productivity Report

The Permian ranks among the top-20 oil producing countries on a stand-alone basis The Permian Basin continues to deliver amid declining activity, with production levels expected to rise past 2,000 MBOPD in the Energy Information Administration’s (EIA) September issue of the Drilling Productivity Report. The Permian has, for the most part, been the only major oil and gas play to

eia

Production Beginning to Slow in EIA’s March Drilling Productivity Report

The Energy Information Administration’s (EIA) Drilling Productivity Report, a monthly breakdown on production by basins, typically forecasts production increases across the United States’ seven most prolific plays. The latest edition, released on March 9, 2015, projects production in April to be higher than the current month. However, that increase has slowed dramatically. Production for March is forecasted at 5,613 MBOPD

eia

Permian Production Nearing 2 MMBOPD in Latest EIA Report

The Drilling Productivity Report, released monthly by the Energy Information Administration, expects production in all seven listed regions to rise in February even though companies are laying down rigs and reducing operations. The two respective giants of the oil and gas plays are leading the charge, with the Permian projected to increase its output to 1,929 MBOPD and the Marcellus