EIA: Key U.S. Oil Regions Begin Production Decline, but Overall Output Grows

SUGAR LAND--March 19, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--According to the U.S. Energy Information Administration's (EIA) latest Drilling Productivity Report, which was issued earlier this month, reduced drilling and fewer well completions seem to be having their desired effect to reduce oil output--at least in certain U.S. drilling regions. The EIA reports that production from the Eagle Ford, Niobrara and Bakken formations are expected to decline from March to April.

Within this article: Details from the EIA report, including the expected decline in barrels per day.