According to the Ministry of Energy, this figure will amount to 8,649 million barrels per day.
The growth of shale oil production in the United States in May 2022 compared to April will amount to 132 thousand barrels (1.5%) – up to 8.649 million barrels per day. This is stated in the report of the Energy Information Administration (EIA) of the U.S. Department of Energy.
The actual production of shale oil in April was lower than the values expected by the agency in the previous forecast, and amounted to 8,517 million b/d against an estimate of 8,708 million b/d.
The increase in extraction volumes is expected in six of the seven oil-bearing areas where production of hard-to-recover oil is concentrated, the report indicates. The largest increase is predicted in the Permian basin, where the average daily production of shale oil in May should increase by 82 thousand barrels to 5,137 million b/d. In addition, an increase in production by 26 thousand barrels is expected in the Eagle Ford formation – up to 1,166 million b/s.
In the Bakken formation, production growth will be 17 thousand barrels, up to 1,186 million b/s, in the Niobrara formation – 1 thousand barrels, up to 611 thousand b/s. In the Anadarko formation, production will increase by 3 thousand barrels compared to April values, up to 401 thousand b/d, in the Appalachia formation – also by 3 thousand barrels, up to 114 thousand b/d.
In the Haynesville formation, as the Ministry of Energy expects, the indicators will remain at the same level – 34 thousand b/s.
Earlier, the U.S. Department of Energy lowered the forecast of daily oil production in the country in 2022 by 20 thousand barrels, to 12.01 million barrels. In 2023, the Ministry expects a record level of oil production – 12.95 million b/d.