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Monday, March 07, 2016

EIA sees 106K bpd less shale oil production in April in latest estimates

  • UK Bakken oil for April seen down 28K bpd
  • Eagle ford oil see down 58K bpd
  • Permian basin down 4K bpd
  • Total US shale production seen down 106K bpd to 4.871 million barrels per day
106K barrels isn't much in a 9 million bpd country or when 10 million barrels per week are going into storage but it's a start.
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