Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
Lower 48 drive U.S. oil production gains
by Daniel J. Graeber
Washington (UPI) Jun 25, 2015


disclaimer: image is for illustration purposes only

Alaskan oil production declined for the week ending June 19, though Lower 48 gains meant overall output increased, federal data show.

Alaskan oil production for the week ending June 19 dropped 12 percent from the previous week to 417,000 barrels per day. The four-week average of 478,000 bpd is about 8 percent lower year-on-year, the federal Energy Information Administration said in a status report.

Though Alaska is the No. 4 oil producer in the nation, its production is in decline as many state reserve areas reach maturation.

Production from the Lower 48 states increased only modestly in terms of percent, but the volumetric increase of 76,000 bpd to 9.18 million bpd led to an overall U.S. increase for the week ending June 19, data show. Total U.S. oil production for the week was 9.6 million bpd.

The slight increase comes as energy companies struggle with spending on exploration and production because of lower crude oil prices. Oil field services company Baker Hughes said there were two fewer rigs overall operating in the United State for the week ending June 19 than during the previous week.

Rig data paints a mixed picture, however. Texas, the No. 1 oil producer, recorded no change in weekly rig counts, while North Dakota, the No. 2 producer, gained a rig for the week ending June 19, Baker Hughes data show. North Dakota's oil production, however, has shown a steady decline since December.

The full-year 2016 production average is expected to be 9.3 million bpd, EIA said.

The United States imported less oil from its top two suppliers, Canada and Saudi Arabia, respectively, for the week ending June 19, federal data show. Among major exporters to the U.S. market, only Kuwait and Ecuador showed significant increases.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
Canada files charges for Lac-Megantic disaster
Ottawa (UPI) Jun 23, 2015
The Canadian transport authority said it filed legal charges in connection with the Lac-Megantic oil-train disaster in 2013 under two federal acts. The federal Transport Canada said charges filed for violations of the Fisheries Act relate to the release of crude oil in and around the site of the 2013 derailment into fish-bearing waters. Charges under the Railway Safety Act relate to ins ... read more


OIL AND GAS
Aperiodic crystals and beyond

Oculus out to let people touch virtual worlds

Squid inspires camouflaging smart materials

A new look at surface chemistry

OIL AND GAS
Mutualink enables multi-agency collaboration during DoD exercise

US nuclear bombers lack satellite terminals for emergencies

New USAF satellites to use updated spacecraft

Harris providing Australia with support for radio system

OIL AND GAS
Garvey Spacecraft selects Pacific Spaceport Complex

Sentinel-2A satellite ready for Launch from Kourou

Arianespace restructure signals major changes in company governance

NASA issues RFP for New Class of Launch Services

OIL AND GAS
Raytheon Demonstrates Advanced GPS OCX Capabilities

Russia Begins Mass Production of Glonass-K1 Navigation Satellites

Russia, China Plan to Equip Commercial Trucks With Glonass, BeiDou

GLONASS to Go on Stream in 2015

OIL AND GAS
Canadian military receives first two CH-148 helos

AgustaWestland subsidiary suing Polish Ministry of Defense

Spirit AeroSystems delivers fuselage for CH-53K demonstrator

Boeing opens new technology research center

OIL AND GAS
Designer electronics out of the printer

KAIST team develops the first flexible phase-change random access memory

New boron compounds for organic light-emitting diodes

Exploiting the extraordinary properties of a new semiconductor

OIL AND GAS
EOMAP provides shallow water bathymetry for the South China Sea

New calculations to improve CO2 monitoring from space

BlackSky Global reveals plan to image Earth in near real-time

NASA Releases Detailed Global Climate Change Projections

OIL AND GAS
Scientists help public avoid health risks of toxic blue-green algae

Light pollution threatens the Balearic shearwater

New tool better protects beachgoers from harmful bacteria levels

Ocean garbage scoop study to start off Japan coast




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.