With protest over, Shell prepares for Arctic Ocean drilling
DENVER, July 31, 2015 /PRNewswire/ -- Oil production from key shale formations in North Dakota and Texas increased marginally in June versus May, according to Bentek Energy, an analytics and forecasting unit of Platts, a leading global provider of energy, petrochemicals, metals and agriculture information.
Oil production from the Eagle Ford shale basin in Texas remained strong in June, jumping 18,000 barrels per day (b/d), or less than 1%, vs May, the latest analysis showed. This marked the fourth consecutive month of production growth, albeit small, since February when production dipped nearly 10,000 b/d month on month. Meanwhile, crude oil production in the North Dakota section of the Bakken shale formation of the Williston Basin remained relatively flat, increasing 6000 barrels b/d,
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