US shale volumes and new well productivity per rig are both expected to fall month-over-month in January as the industry enters the winter season and the number of drilled, but uncompleted wells continues to decline, the US Energy Information Administration said in its Dec. 14 drilling productivity report. Receive daily email alerts, subscriber notes & personalize your experience. Register Now US unconventional oil output is projected to dip another 137,000 b/d to 7.438 million b/d in January, according to the EIA, after peaking at about 9.1 million b/d at the beginning of 2020 before the coronavirus pandemic waged war on global oil demand. The EIA revised up its December estimates from 7.513 million b/d from its November […]