Future U.S. tight oil and shale gas production depends on resources, technology, markets

Categorized in: Energy News Posted on: August 22, 2016 Last updated on: August 22, 2016 Written by: eradmin

Based on projections in the U.S. Energy Information Administration’s “Annual Energy Outlook 2016” (AEO2016), U.S. tight oil production is expected to reach 7.08 million barrels per day (b/d), and shale gas production is expected to reach 79 billion cubic feet per day (Bcf/d) in 2040. …read more

Source:: TODAY IN ENERGY