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U.S. crude oil production rose slightly in January: EIA

Reuters 

(Reuters) - U.S. crude production rose by 6,000 barrels per day (bpd) in January to 9.964 million barrels per day, the said in a monthly report on Friday.

The agency revised the December report up by 9,000 barrels to 9.958 million bpd. The gains were driven by a rise in offshore production, which rose 5 percent to 1.62 million bpd from 1.55 million bpd. Production decreased modestly in the major producing states of and Alaska, while North Dakota's production rose slightly to 1.16 million bpd a day, EIA said.

U.S. in the lower 48 states dipped by 1.4 percent to 86 billion cubic feet per day (bcfd) in January, though that still represented a 9.9 percent increase from a year ago, according to EIA's monthly production report. Production fell by 2.8 percent in Texas, the top natural gas producer, to 22 bcfd, and was also lower in and

Production in rose to 7.51 bcfd, a new record for that state, the third biggest in the lower 48.

(Reporting By David Gaffen; editing by and David Gregorio)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, March 30 2018. 22:48 IST
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