{"id":1742,"date":"2018-09-30T15:40:45","date_gmt":"2018-09-30T15:40:45","guid":{"rendered":"http:\/\/euromenaenergy.com\/?p=1742"},"modified":"2018-09-30T15:40:45","modified_gmt":"2018-09-30T15:40:45","slug":"led-by-texas-north-dakota-us-crude-output-hits-record-10-96mn-bpd-in-july","status":"publish","type":"post","link":"https:\/\/emimer.com\/?p=1742","title":{"rendered":"Led by Texas, North Dakota, US crude output hits record 10.96mn bpd in July"},"content":{"rendered":"<div class=\"subtitel col-lg-12\">\n<p>Reuters\/New York<\/p>\n<\/div>\n<p>US crude oil production rose 269,000 bpd to a record 10.964mn bpd in July, led by record output from Texas and North Dakota, the US Energy Information Administration said in a monthly report on Friday.<br \/>\nThe agency revised its June production figure slightly higher to 10.695mn bpd in June.<br \/>\nUS crude production has surged thanks to a shale boom and now rivals top producers Russia and Saudi Arabia.<br \/>\nOil production in Russia averaged 11.347mn bpd between September 1 and September 27 and was on track to reach another post-Soviet high, an energy sector source told Reuters on Friday. Saudi Arabia meanwhile, produced about 10.4mn bpd in August.<br \/>\nSaudi Arabia is concerned that rising US shale production over the next year could create another glut, especially if a stronger dollar and weaker emerging market economies reduce global demand for oil.<br \/>\nProduction in Texas inched higher to a record 4.47mn bpd and output from North Dakota also hit a peak, rising by 41,000 bpd to 1.26mn bp, EIA data showed.<br \/>\nStill, the rate of production growth in the Permian basin, the biggest US oilpatch which spans Texas and New Mexico, is slowing amid transportation bottlenecks as pipelines have filled.<br \/>\nDrilling companies cut oil rigs for a second consecutive week as new drilling stalled in the third quarter with the fewest additions in a quarter since 2017, data showed on Friday.<br \/>\nTotal US oil demand was up 3% in July compared with last year, driven by strong demand for distillates, EIA data shows.<br \/>\nDistillate demand jumped 6.8%, or 251,000 bpd, in July year-on-year, while gasoline demand was up 0.7%, or 67,000 bpd, in July compared with last year, EIA data showed.<br \/>\nMeanwhile, natural gas production in the lower 48 US states rose to an all-time high of 92.7bn cubic feet per day (bcfd) in July, up from the prior record of 90.9 bcfd in June, according to the EIA\u2019s 914 production report.<br \/>\nOutput in Texas, the nation\u2019s largest gas producer, increased to 24.6 bcfd in July, up 1.5% from June. That was the most since April 2016.<br \/>\nIn Pennsylvania, the second biggest gas producing state, production rose to a record high 17.0 bcfd in July, up 3.0% from June.<br \/>\nThat compares with output of 14.7 bcfd in July 2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters\/New York US crude oil production rose 269,000 bpd to a record 10.964mn bpd in July, led by record output from Texas and North Dakota, the US Energy Information Administration said in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1760,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[46,57,90,96,107,137,139,160,174,184,201,202,209,232,233,244,246,249,256,267,277,279,288],"class_list":["post-1742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-aramco","tag-baroudi","tag-democracy","tag-doha","tag-embargo","tag-gas","tag-gazprom","tag-international-maritime-disputes","tag-lebanon","tag-maritime-disputes","tag-offshore","tag-oil","tag-opec","tag-putin","tag-qatar","tag-rosneft","tag-roudi","tag-russia","tag-saudi","tag-straddling-hydrocarbons-reserves","tag-total","tag-trump","tag-usa"],"_links":{"self":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/1742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1742"}],"version-history":[{"count":0,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/1742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/media\/1760"}],"wp:attachment":[{"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}