OEF Rapid Review Articles
Tight oil production in the United States increased from 2007 through April 2015, based on estimates in Energy Information Agency’s (EIA) Drilling Productivity Report, and accounted for more than half of total U.S. oil production in 2015. Tight oil growth has been driven by increasing initial production rates from tight wells in regions analyzed in the report. As drilling techniques and technology improve, producers are able to extract more oil during the initial months of production from new wells.
U.S. Energy Information Administration (EIA)
LINK TO THE SOURCE ARTICLE:
EIA: Initial production rates in U.S. shale oil formations continue to rise
LINK TO THE SOURCE ARTICLE:
EIA: Initial production rates in U.S. shale oil formations continue to rise