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U.S. Shale Oil Output to Soar in April, Permian to Hit Fresh Record

By Gil Gutkencht 28 March, 2017

U.S. shale oil production in April was set for its biggest monthly increase since October as output in the Permian Basin, America's fastest growing shale oil region, was expected to hit another record high, government data showed on Monday.

Total shale oil production was expected to rise 109,000 barrels per day to 4.96 million bpd, according to the U.S. Energy Information Administration's drilling productivity report.

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Last modified on Tuesday, 28 March 2017 17:09
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