U.S. shale oil basins to decline
Washington (UPI) Nov 10, 2015 - Only the Permian shale basin in the southern United States is expected to record a year-on-year increase in oil production, federal data show. The U.S. Energy Information Administration in a monthly report on drilling productivity found most of the seven inland shale basins that account for nearly all of the domestic oil production growth between 2011-14 are now in decline. Energ ... more
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