Tag Archives: oil production

Jean Beaufort

New Report Predicts Record Breaking U.S. Oil Production

By Mitch Borden  The federal government’s energy outlook for 2019 looks to be pretty positive for oil producers in West Texas. It is predicting the country will continue to see recording-breaking oil production. By next year, the Energy Information Administration, or … Continue reading

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REPORT: Permian Will Continue To Dominate U.S. Oil Supply

In the next 10 years, West Texas’ Permian Basin will continue to dominate U.S. oil supply, according to a new production forecast from an oil and gas consultancy.

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Report: Is Permian Tight Oil Growth Sustainable?

A new study suggests oil production in the Permian Basin could peak as early as 2021 due to geological constraints. This was the downside scenario gamed out by researchers with industry intelligence company Wood Mackenzie. “We’re going to drill really … Continue reading

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