U.S. shale output set to rise by 127,000 bpd in July - EIA - Reuters

U.S. shale production for July is expected to rise by 127,000 barrels per day to 5.48 million bpd, data from the U.S. Energy Information Administration showed on Monday, as reported by Reuters.

Key quotes (via Reuters):

  • U.S. Bakken oil production for July seen up 5,800 bpd at 1.039 mln bpd (vs 5,000 bpd rise in June)
  • U.S. Eagle Ford oil production for july seen up 43,000 bpd at 1.368 mln bpd (vs 38,000 bpd rise in June)
  • U.S. Permian aBsin oil production for July seen up 65,000 bpd at 2.47 mln bpd (vs 63,000 bpd rise in June)
  • U.S. total shale regions oil production for July seen up 127,000 bpd at 5.475 mln bpd (vs 114,000 bpd rise in June)

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