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DUC Drawdown Continuation to Bump U.S. Onshore Natural Gas, Oil Production Next Month

DUC Drawdown Continuation to Bump U.S. Onshore Natural Gas, Oil Production Next Month

U.S. onshore oil and natural gas production is set to rise from October to November, propelled by supply growth in the Permian Basin and Haynesville Shale, according to updated projections Monday from the U.S. Energy Information Administration (EIA). Natural gas production from seven key U.S. producing regions — the Anadarko, Appalachia and Permian basins, along…

October 20, 2021