Crude oil production in the U.S. shale patch is set to decline by 68,000 bpd next month, with every play registering declines in output except the Permian, the Energy Information Administration said in its latest Drilling Productivity Report. While production in the Permian is expected to increase by 23,000 bpd to 4,173 million barrels daily, output in the Niobrara shale play alone will offset this with an equal decline. In the Eagle Ford, production is set to decline by 28,000 bpd—the biggest decline—while production in the Anadarko,…

via OilPrice https://ift.tt/2ZCCNJK