trending Market Intelligence /marketintelligence/en/news-insights/trending/ndjegc52hfbbjzqirfgkya2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

US oil, natural gas production continue to fall in July

Medical IoT Technology in US Hospitals Helps to Reduce Costs and Improve Care

Internet Traffic Spikes By One Third In March

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

US Pushes Pedal To The Metal On Broadband Speeds Ahead Of COVID-19 Outbreak


US oil, natural gas production continue to fall in July

Crudeoil and wet natural gas production across the United States continued to slidein July and remained below year-ago levels, according to a monthly report fromthe U.S. Energy Information Administration. In oil production, the declines wereled by declining output in Texas and Alaska, while in natural gas production,the declines were led by Wyoming and Texas.

Grosswet gas production in the U.S. slipped 0.5%, or 0.44 Bcf/d, to 87.41 Bcf/d inJuly from 87.84 Bcf/d in June, putting total U.S. gas production 1.56 Bcf/d, or1.8%, below levels reported in July 2015, the EIA said in its latest"Monthly Crude Oil and Natural Gas Production" report released Sept.30.

Bystate or area, Wyoming saw the largest drop in production by volume, down 0.44Bcf/d month on month to 4.4 Bcf/d, followed by Texas, which saw output ease0.43 Bcf/d to 22.06 Bcf/d. However, the declines were partially offset by a0.44 Bcf/d increase in West Virginia production and a 0.11 Bcf/d increase inAlaska's gas production. West Virginia's July production was pegged at 3.91Bcf/d, and Alaska's production was seen at 7.72 Bcf/d.

TotalU.S. crude oil production declined 0.2% month on month, from 8.71 MMbbl/d inJune to almost 8.69 MMbbl/d in July, and was down 7.8% from levels recorded inJuly 2015.

Onan absolute basis, Alaska saw the largest drop in oil production, declining32,000 bbl/d to 438,000 bbl/d, followed by Texas, where oil production dropped11,000 bbl/d to 3.16 MMbbl/d. But helping to offset the losses, California oilproduction was up 20,000 bbl/d to 512,000 bbl/d and federal Gulf of Mexico oilproduction climbed 16,000 bbl/d to almost 1.56 MMbbl/d.