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Permian and Eagle Ford lead US crude output higher

Houston, 15 May (Argus) — US shale crude output is expected to rise by 122,000 b/d to 5.4mn b/d next month, according to new data from the US Energy Information Administration (EIA).The largest increases will be in the Permian basin in Texas and New Mexico, and the Eagle Ford in south Texas, the EIA said in its latest Drilling Productivity Report.Permian basin production should increase by 71,000 b/d from May to June to about 2.49mn b/d.Output in the top-producing Permian has been more resilient than in other regions during the downturn in commodity prices because of lower extraction costs. 42 more words

Eagle Ford

A phenomenal fossil fern – forgotten for 40 years

On some occasions, it is the hard sweat and toil of palaeontologists labouring in the field at carefully planned excavation sites that yields the prize specimen on which careers are built. 2,960 more words

Fossils

Permian Production Increasing


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