U.S. shale oil and natgas output set to rise to record highs in March -EIA

U.S. shale oil and natgas output set to rise to record highs in March -EIA

February 13, 2023

U.S. crude oil and natural gas production from the seven biggest shale basins is expected to rise to record highs in March, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Monday.

Crude production in the shale basins will rise by about 75,000 barrels per day (bpd) in March to a record 9.36 million bpd, the EIA projected.

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