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EIA refines estimates for Permian tight oil and shale gas production
Data source: U.S.
AI Summary
The Energy Information Administration added the Avalon, Barnett, Dean and Woodford plays to its Permian Basin estimates, joining the existing Spraberry, Bone Spring and Wolfcamp formations. It also removed the Delaware and Yeso‑Glorieta plays, changes that affect only Permian tight‑oil and shale‑gas calculations. The revisions raise the projected 2025 tight‑oil output by 0.2 million barrels per day and increase shale‑gas production by 0.8 billion cubic feet per day relative to earlier forecasts. These updates reflect the EIA’s periodic review of geological interpretations for the basin’s formations.
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