Source: Fuel Fix | Collin Eaton | September 18, 2017
U.S. shale drillers are expected to pump more oil this month even though Hurricane Harvey crimped output in the Eagle Ford Shale in South Texas.
In West Texas, oil producers in the Permian Basin are projected to boost oil production by 55,000 barrels a day by October, the bulk of a daily 79,000-barrel increase expected across seven major shale plays, the Energy Department said Monday.
That jump will bring U.S. shale oil production up to 6.08 million barrels a day in October. Of that, the Permian would make up 2.64 million barrels a day. The Eagle Ford, meanwhile, is only expected to drop 9,000 barrels a day, to a daily 1.27 million barrels, according to the Energy Information Administration.
A few weeks ago, the Texas Railroad Commission estimated between 300,000 to 500,000 barrels a day of oil production in the Eagle Ford had been shut in as Hurricane Harvey rolled through.
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