The Energy Information Administration projects that US shale oil production will increase by 49,000 barrels per day in August and reach a total of just under 8.55 million bpd. More than two-thirds of the additional supply is expected to come from the Permian Basin.
Sign up for API SmartBrief
Oil and natural gas industry news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.