GRA
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GCC: EIA: US now likely world’s largest crude oil producer

Fri Sep 14, 2018 4:21 pm

http://www.greencarcongress.com/2018/09/20180914-eia.html

. . . In February, US. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the United States surpassed Russia in crude oil production for the first time since February 1999.

The US Department of Energy (DOE) also announced that on September 6, 2018, a short-term order was issued to the Freeport LNG project to export up to 2.14 billion cubic feet per day (Bcf/d) of natural gas as liquefied natural gas (LNG) over a two-year period to both free-trade and non-free trade agreement countries. This order authorizes Freeport’s initial commissioning volumes and other exports pursuant to short-term contracts. Freeport LNG will be exporting the LNG from the Freeport LNG Liquefaction Project, which is currently under construction on Quintana Island, Texas.

During this two year authorization period, Freeport LNG will be authorized to export LNG to any country not prohibited by US law or policy. The two year export term will become effective on the date of the commencement of the facility’s first export of LNG, currently projected to be in the third quarter of 2019. . . .

Since exports of US. LNG began in 2016, more than 1.3 trillion cubic feet of U.S. natural gas has been exported. US LNG has now landed in 30 different destinations in Europe, Asia, Africa, the Middle East, South America, North America, and the Caribbean. EIA expects natural gas exports to average 9.9 Bcf/d in 2018, up 15% from 2017 levels. EIA also expects natural gas exports to rise by an additional 38% in 2019 to 13.7 Bcf/d.

To date, the Department of Energy has approved 21.35 Bcf/d of long-term exports of natural gas to any country in the world not prohibited by US law or policy.

There are currently two large-scale LNG export projects in operation, Sabine Pass and Dominion Cove Point, which have a combined export capacity of approximately 3.5 Bcf/d. Freeport is one of four additional large-scale LNG export projects expected to be completed over the next two years. Once these four projects are completed, the United States’ LNG export capacity is expected to reach approximately 11 Bcf/d. There are more than a dozen large-scale export projects under review that would provide over 20 billion cubic feet per day of additional export capacity if approved.
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

GRA
Posts: 9401
Joined: Mon Sep 19, 2011 1:49 pm
Location: East side of San Francisco Bay

Re: GCC: EIA: US now likely world’s largest crude oil producer

Sat Nov 03, 2018 4:35 pm

And now it's definite, via GCC:
EIA: US monthly crude oil production exceeded 11 million barrels per day in August; US top oil producer
https://www.greencarcongress.com/2018/11/20181102-eia.html

US crude oil production reached 11.3 million barrels per day (b/d) in August 2018, according to the US Energy Information Administration’s (EIA) latest Petroleum Supply Monthly, up from 10.9 million b/d in July. This is the first time that monthly US production levels surpassed 11 million b/d.

US crude oil production exceeded the Russian Ministry of Energy’s estimated August production of 11.2 million b/d, making the United States the leading crude oil producer in the world.

Monthly crude oil production reached a record high in several states. Texas had the highest record level at 4.6 million b/d, followed by North Dakota at 1.3 million b/d. Other states that had record-high production levels were New Mexico, Oklahoma, Colorado, and West Virginia. Production in the Federal Offshore Gulf of Mexico also hit a record high of 1.9 million b/d. . . .

While we all know that oil production (and any other finite resource) will eventually peak and decline, advanced techniques and technology have made a mockery of Hubbert's curve.
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

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