US oil production from the top seven major shale plays is set to reach new record heights in June, according to the US Energy Information Administration’s latest edition of its Drilling Productivity Report . Oil production Production from the top seven plays will increase by 83,000 barrels per day in June from May 2019 levels, with the largest increase seen in the Permian Basin, which is set to increase from 4.117 million barrels of oil per day to 4.173 million barrels per day (+56,000). The second largest increasing region according to the report is the Bakken. Gas production Just as noteworthy, gas production is also set to increase in these seven plays, from 79.720 million cubic feet per day in May to 80.663 million cubic feet per day in June, with the Appalachia region seeing the largest increase, followed by Haynesville and then the Permian. DUCs The monthly productivity […]