U.S. Energy Information Administration forecasts total crude oil production in Permian Basin will grow to 6.66 million barrels per day this month after 6.61 million b/d in June and 6.64 million b/d in July. U.S. total crude oil production is forecast at 13.73 million b/d in August after 13.68 million b/d in June and 13.72 million b/d in July.
EIA said total marketed natural gas production in Permian for August is expected to be 26.1 billion cubic feet per day. U.S. total marketed natural gas production is forecast to reach 114.4 billion cfd in August.