FOCUS: UNCONVENTIONAL OIL & GAS: US expects tight oil production gains from Bakken, Eagle Ford

09/03/2012
Producers report that better efficiencies are delivering higher volumes of oil from the South Texas Eagle Ford and the Bakken formation in North Dakota and Montana. Higher Bakken production comes despite reduced rig counts, which one producer attributed to a shift toward pad drilling. Unconventional oil and gas drilling was a key topic during second-quarter earnings calls. Citing low natural gas prices, most companies said they plan little dry gas drilling during this year's second half. Tight oil plays are contributing heavily to growing US oil production. Wood Mackenzie Ltd. expects US tight oil output to rise to 4.2 million b/d by 2020 from 1.6 million b/d in 2012 with the Bakken and E...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected