A massive divergence of oil and gas prices has triggered a rush toward oil in the U.S.
Unconventional exploration and new drilling technologies are revolutionizing the U.S. oil industry, and domestic oil production is on the rise for the first time in more than two decades.
Due to strong prices, current crude production was projected to reach 738 Mb/d in early 2011. The Williston Basin is responsible for the majority of this increase and is predicted to more than double by 2020.
Like BENTEK's traditional natural gas production monitors, the
PADD 4 (Rockies) Crude Oil Production Monitor™ is basin-specific and provides regional up-to-date coverage of drilling activities and key players. The report also includes an overview of the five-year production outlook. This monthly publication is a reference manual for the most current and accurate regional projections for production growth based on basin and play.
Based on BENTEK’s proprietary, data-gathering technology and groundbreaking methodology, the report shows production and drilling highlights for the region, including operators, number and type of wells drilled and news on operations in each basin.
And, as a subscriber, you have access to BENTEK analysts to answer your questions.