Oil production in the Permian Basin is expected to surge next month while the Bakken is expected to post a production drop.
The U.S. Energy Information Administration expects oil production in the Permian Basin to jump by 53,000 barrels per day to 2.18 million bpd in February.
Natural gas production in the Permian is expected to surge by 103 million cubic feet per day (mmcfpd) to 7.609 billion cubic feet per day (bcfpd) in February.
The Bakken shale play is forecast to post the largest oil production drop of all seven major plays next month.
Oil production in the Bakken is expected to fall from 998,000 bpd in January to 978,000 bpd in Feburary.
Bakken natural gas production is forecast to slip down to 1.746 bcfpd in February, a 5 mmcfpd month-over-month decline.
The Eagle Ford Basin is forecast to see oil production dip down by 3,000 bpd to 1.042 million bpd in February.
Natural gas production in the Eagle Ford is expected to slide down to 5.472 bcfpd, a 92 mmcfpd month-over-month decline.
Oil production in the Haynesville Basin is expected to hold steady at 42,000 bpd while natural gas production is forecast to surge by 76 mmcfpd to 6.118 bcfpd in February.
The EIA expects oil production in the Marcellus Basin to tick up by 1,000 bpd to 37,000 bpd next month.
Natural gas production in the Marcellus is forecast to post the largest gain of all the major basins.
The agency expects natural gas production in the Marcellus to jump by 188 mmcfpd to 18.591 bcfpd in February.
The Niobrara Basin is forecast to see oil production grow by 13,000 bpd to 426,000 bpd in February.
Natural gas production in the Niobrara is expected to rise to 4.477 bcfpd, a 45 mmcfpd increase over January levels.
Oil production in the Utica play is expected to slip down by 3,000 bpd to 43,000 bpd in February.
Utica natural gas production is forecast to climb by 15 mmcfpd to 3.956 bcfpd in February.
Overall, shale oil production from the country’s seven largest plays is expected to grow from about 4.707 million bpd in January to 4.748 million bpd in February.
Total natural gas production from the seven plays is forecast to rise to just over 47.96 bcfpd in February, a 330 mmcfpd month-over-month gain.
