The San Joaquin Basin in PADD 5 is on the rise after declining 26% from 2005 to 2010. The basin is expected to climb to 351 Mb/d by the end of 2016, with the biggest driver behind the production increase being the exploration around the Monterey Shale formation. Even with San Joaquin Basin production increases, BENTEK reports that total PADD 5 production is slated to decline 7% over the next five years.
BENTEK's
PADDs 1&5 (East/West) Crude Oil Production Monitor™ is basin-specific and provides regional, up-to-date coverage of drilling activities, key players and infrastructure in California, Alaska and the East Coast region, including the Monterey Shale and the liquids-rich portion of the Marcellus Shale. This monthly publication also includes an overview of the five-year production outlook in PADDs 1 and 5 and tracks supply/demand dynamics in California, Alaska and the East Coast region.
As an added benefit, subscribers gain access to BENTEK analysts who can help answer your questions.