EIA forecasts slower shale oil, gas production growth in Feb.Shale oil and natural gas production will increase by roughly 22,000 barrels per day and less than 100 million cubic feet per day, respectively, in February, the slowest rates of growth since early 2019, according to the Energy Information Administration. The Permian Basin will continue to drive the gains and set new production records for both oil and gas output.
20/Reuters 01/21