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US Shale Oil Output Surges to Highest Since Early Pandemic - Bloomberg

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Surging oil and natural gas prices are spurring production increases from West Texas to the Upper Great Plains that probably will lift output to levels not seen since the early days of the pandemic, according to Rystad Energy AS. 

U.S. shale-oil production is expected to reach 8.68 million barrels a day in December, which would be the highest since March 2020, analyst at the Oslo-based research house said. Meanwhile, nationwide gas output is on its way to a 6-year high.

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US Shale Oil Output Surges to Highest Since Early Pandemic - Bloomberg
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