San Antonio Business Journal | Sergio Chapa
The U.S. is now the world’s largest oil producer powered by Texas shale.
Production in the nation’s shale basins has helped the U.S. surpass Russia and Saudi Arabia to become the world’s largest crude oil producer, preliminary figures from the Energy Information Administration show. EIA officials attributed U.S. production growth to increased production in the nation’s shale basins as well as increased offshore activity in the Gulf of Mexico. Production in U.S. shale basins accounts for more than 7.4 million barrels of crude oil per day. The Permian Basin of West Texas accounts for nearly 3.4 million barrels of crude oil per day, the Eagle Ford Shale of South Texas with 1.4 million barrels per day, and the Bakken Shale of North Dakota with 1.3 million barrels per day, the latest EIA figures show.
Sanchez Energy News
- Sanchez Energy Reports First-Quarter 2019 Financial and Operating Results May 8, 2019
- Sanchez Energy Reports Fourth-Quarter and Full-Year 2018 Financial and Operating Results; Provides 2019 Outlook March 1, 2019
- Sanchez Energy Receives Notice from NYSE Regarding Additional Continued Listing Standard January 8, 2019
- Sanchez Energy Receives Notice from NYSE Regarding Continued Listing Standard December 21, 2018
- Sanchez Energy Announces Engagement of Financial Advisor to Explore Strategic Alternatives December 4, 2018
- Sanchez Energy to Pay Dividends on Series A and Series B Convertible Perpetual Preferred Stock in Common Stock November 19, 2018
- Sanchez Energy Announces Third Quarter 2018 Financial Results and Operations Update November 1, 2018
- Sanchez Energy Announces Management Changes and Board Additions October 29, 2018
- Sanchez Energy Corporation Announces Third Quarter 2018 Earnings Conference Call October 15, 2018
- Sanchez Energy Corporation Announces Participation in Barclays CEO Energy-Power Conference August 29, 2018