PIRA: Shale production growth makes US largest liquids producer

10/28/2013
US total oil supply is expected to average 12.1 million b/d this year, making it the world's largest oil producer, PIRA Energy Group, an energy markets consulting firm in New York, reported. PIRA counts oil supply as all liquids, including condensates. PIRA statistics show the US overtook Russia to become the second-largest supplier of oil in 2012 and the US was just behind Saudi Arabia. Both the US and Saudi Arabia increased oil supply in 2013 with the US reporting the fastest production growth. The US position as the world's largest oil supplier looks to be secure for many years, PIRA told its clients during a seminar in New York Oct. 10-11. Although growth rates of US shale liquids are...
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