Driven by the Permian Basin, oil production out of seven key U.S. onshore regions is set to grow from May to June, while natural gas production is on track to decline, according to the updated projections from the Energy Information Administration (EIA).

gas production

In its latest Drilling Productivity Report (DPR), EIA said it expects the Anadarko, Appalachia and Permian basins, as well as the Bakken, Eagle Ford, Haynesville and Niobrara shales, to produce a combined 7.733 million b/d in June, up slightly from an estimated 7.707 million b/d in May. 

The Permian, by far the most active U.S. onshore play, is expected to grow output by 54,000 b/d m/m to 4.589 million b/d in June, offsetting projected declines in the Anadarko (down 7,000 b/d), Bakken (down 7,000 b/d), Eagle Ford (down 8,000...