GOM Oil Production Fuels U.S. June Increase
US June production increased by 201 kb/d to 11,816 kb/d. Over the last 5 weeks ending September 2, the frac spread count and the US rig count have both declined.
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US June production increased by 201 kb/d to 11,816 kb/d. Over the last 5 weeks ending September 2, the frac spread count and the US rig count have both declined.
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The largest production decreases came from the GOM, Texas and New Mexico. In the On-shore L48, May production increased by 95 kb/d to 9,542 kb/d.
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