U.S. oil production from the fastest developing shale plays is expected to rise by 63,000 barrels per day (bpd) in February and another 64,000 bpd in March, according to forecasts from the Energy Information Administration issued on Monday.
That compares to a 53,000 bpd increase in January and a 49,000 bpd rise in December, months that typically experience slower activity due to winter weather conditions.
Oil production from Bakken shale is expected to rise to 1.04 million bpd in February and to 1.07 million bpd in March, the EIA said in its monthly Drilling Productivity Report, which counts Bakken production from both North Dakota and Montana.
Production from the shale oil poster child first exceeded 1 million bpd in December, according to the EIA.
From the Eagle Ford play in southern Texas, oil production should rise to 1.29 million bpd in February and further to 1.32 million bpd in March against about 1.25 million bpd in January.
Oil production from the Permian basin, which stretches across western Texas and New Mexico, is growing slower though it is the highest out of the plays. There, output will rise to 1.41 million bpd in February and March, compared to 1.40 million in January.
In December, the EIA increased its forecast for shale oil production across the country and pushed back the year of its peak, in a sign of how production from the tightly packed rock has consistently confounded analysts across the board.
It now sees production peaking in 2021, not 2020, at 4.8 million bpd, almost double the 2.8 million bpd it had predicted a year earlier.
Of the shale gas plays, the EIA forecast production from the giant Marcellus play in Pennsylvania and West Virginia, to rise to 13.9 billion cubic feet (bcf) a day in February and 14.3 million bcf a day in March from 13.5 bcf a day in January.
That marks a slight reduction in its forecast -- in January, the EIA said it expected production to total 13.8 bcf a day in January and 14.2 bcf per day in February.
That compares to a 53,000 bpd increase in January and a 49,000 bpd rise in December, months that typically experience slower activity due to winter weather conditions.
Oil production from Bakken shale is expected to rise to 1.04 million bpd in February and to 1.07 million bpd in March, the EIA said in its monthly Drilling Productivity Report, which counts Bakken production from both North Dakota and Montana.
Production from the shale oil poster child first exceeded 1 million bpd in December, according to the EIA.
From the Eagle Ford play in southern Texas, oil production should rise to 1.29 million bpd in February and further to 1.32 million bpd in March against about 1.25 million bpd in January.
Oil production from the Permian basin, which stretches across western Texas and New Mexico, is growing slower though it is the highest out of the plays. There, output will rise to 1.41 million bpd in February and March, compared to 1.40 million in January.
In December, the EIA increased its forecast for shale oil production across the country and pushed back the year of its peak, in a sign of how production from the tightly packed rock has consistently confounded analysts across the board.
It now sees production peaking in 2021, not 2020, at 4.8 million bpd, almost double the 2.8 million bpd it had predicted a year earlier.
Of the shale gas plays, the EIA forecast production from the giant Marcellus play in Pennsylvania and West Virginia, to rise to 13.9 billion cubic feet (bcf) a day in February and 14.3 million bcf a day in March from 13.5 bcf a day in January.
That marks a slight reduction in its forecast -- in January, the EIA said it expected production to total 13.8 bcf a day in January and 14.2 bcf per day in February.
