Last updateMon, 21 Jan 2019 8pm


End-User News

U.S. Crude Oil Production Capacity Has Reached 10M/bpd

Data released today from EIA for October largely confirms earlier predictions by Rystad Energy that U.S. oil production could reach 10 million barrels per day (bpd) at the end of 2017. Strong growth of U.S. onshore production in October was masked by impacts of hurricane Nate on offshore production in the Gulf of Mexico which was down as much as 250 thousand bpd below monthly capacity. Still the new data comes out as much as 330 thousand bpd higher than previous government predictions, and Rystad Energy expects EIA now would lift predictions for December close to an all-time high. Rystad Energy further predicts U.S. crude oil production could pass the levels of both Saudi Arabia and Russia within a year from now. 

Subscribe Fall18


• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

KNOWLEDGE FORUM 2019 300x250

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products