trending Market Intelligence /marketintelligence/en/news-insights/trending/xil0hyiz8rhn2yybys-x8g2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
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.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

US wet gas production declines, oil output recovers in October

State Of Indonesian Online Video: Subscription

Virtual Multichannel Revenues Projected To Soar In Next Five Years

Street Talk Episode 45 - Fed Moving From Rate Hikes To Lower For Longer

Consumer Engagement Remains Challenging For OTT Players In Asia


US wet gas production declines, oil output recovers in October

Total wet natural gas production across the United States continued to decline in October while oil production showed some recovery, according to a monthly report from the U.S. Energy Information Administration.

Gross wet gas production in the U.S. slipped 0.4%, or by almost 0.4 Bcf/d, to 87.63 Bcf/d in October from 88.03 Bcf/d in September, putting total U.S. wet gas production 2.73 Bcf/d, or 3.0%, below levels reported in October 2015, the EIA said in its latest "Monthly Crude Oil and Natural Gas Production" report released Dec. 30.

By state or area, Pennsylvania saw the largest decrease in gas production by volume, down 0.36 Bcf/d month on month to below 13.61 Bcf/d, followed by Ohio, where production was down almost 0.29 Bcf/d, or 6.5%, and Texas, where output was down 0.22 Bcf/d to 21.54 Bcf/d. Helping to offset the declines, however, Alaska gas production climbed 0.46 Bcf/d, or 5.6%, while North Dakota output increased almost 0.11 Bcf/d, or 6.6%.

Total U.S. crude oil production increased 2.7% month on month, from 8.58 MMbbl/d in September to 8.81 MMbbl/d in October, however the total was still down 5.9% from levels recorded in October 2015.

On an absolute basis, the federal Gulf of Mexico region saw the largest increase in oil production, rising 84,000 bbl/d, or 5.6%, to a total of 1.59 MMbbl/d, followed by North Dakota oil production, which increased 72,000 bbl/d, or 7.5%, to 1.04 MMbbl/d.