U.S. crude oil production efficiency continues year-over-year improvements

Categorized in: Energy News Posted on: January 24, 2020 Last updated on: January 24, 2020 Written by: eradmin

U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude oil production. This share grew because of the increasing productivity of new wells that were brought online during 2019. Since 2007, the average first full month of oil production from new wells in regions …read more

Source:: TODAY IN ENERGY