A new report by the federal government predicts increased crude oil production in the Anadarko and the Permian Basins from June to July.
The U.S. Energy Information Administration, in a report issued this week, said it expects crude oil production in the Anadarko Basin to increase from 439,000 barrels of crude oil a day in June to 440,000 barrels a day in July.
The Anadarko’s new well per day of oil production in June is 666 barrels a day while in July it could increase to 679 barrels a day.
The EIA also anticipates production in the Permian Basin to increase from 5,762,000 barrels a day to 5,763,000 barrels a day in July. New well production will be 1,055 barrels a day in June and grow to 1,058 barrels a day in July.
The Bakken is expected to see production increase from 1,207,000 barrels of oil a day in June to 1,214,000 barrels a day in July. Its new wells production will average 1,650 barrels a day in June and reach 1,662 barrels a day in July.
Natural gas production in the Anadarko Basin will drop from June to July, according to the EIA. It said gas production in June will be 6,850 million cubic feet a day and will fall to 6,807 million cubic feet by July.
Natural gas production is expected to gain in the Permian and the Bakken.