Markets

US shale oil output to rise 123,000 bpd in May

Published April 17, 2017 Updated April 17, 2017 06:26pm

In the Permian, oil production is forecast to rise by 76,000 bpd to 2.36 million bpd, according to the US Energy Information Administration's drilling productivity report.

In the Eagle Ford region, output is set to rise by 39,000 bpd to 1.22 million bpd. Production in the Bakken is forecast to drop 1,400 bpd to 1.02 million bp.

 

 

 

 

Copyright Reuters, 2017