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US Natural Gas Output to Rise in 2021, While Demand Falls for Second Consecutive Year
2021-04-06 20:35:21| OGI
The EIA projected dry gas production will rise to 91.41 billion cubic feet per day (Bcf/d) in 2021 and 93.29 Bcf/d in 2022 from 91.36 Bcf/d in 2020.
OPEC+ to Gradually Ease Oil Output Cuts from May
2021-04-01 18:35:00| OGI
A few days before the April 1 meeting, OPEC+ delegates had said the group would likely keep most existing oil output cuts in place. But in the 24 hours before the meeting started, sources said discussions had shifted to a possible output increase.
ConocoPhillips Expects Higher First-quarter Output as Oil Prices Recover
2021-03-31 15:05:52| OGI
The top independent U.S. oil producer forecast production of 1.47 million barrels of oil equivalent per day (MMboe/d) to 1.49 MMboe/d.
Tags: prices
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output
YPF Steps Up Spending to Grow Vaca Muerta Shale Output
2021-03-22 20:44:21| OGI
YPF is targeting a 56% increase in crude oil production and a 70% increase in unconventional gas production, the company said in a news release.
Tags: steps
output
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spending
EIA Forecasts Drop in US Shale Oil Output for April
2021-03-15 20:12:24| OGI
The biggest declines are expected from the Eagle Ford and Niobrara basins.
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