US shale oil to grow by 16% in 2019: reports

NORWAY-based consultancy Rystad Energy expects US shale oil production to grow by 16% this year, with first-to-fourth quarter growth of 1.1-1.2 million barrels of oil per day. 

US shale oil to grow by 16% in 2019: reports US shale oil to grow by 16% in 2019: reports US shale oil to grow by 16% in 2019: reports US shale oil to grow by 16% in 2019: reports US shale oil to grow by 16% in 2019: reports
 
It analysed the first quarter results of 50 operators and found a slowdown in production growth, with output a sluggish 0.1% higher compared with the previous quarter.
  • FREE coverage of the coronavirus pandemic. Visit our COVID-19 hub
  • NEW: 2020 Social Licence Report - where is the industry heading? Read more
  • EMAGAZINE: ENB's latest special print edition is now online. Read here

Most read MARKETS