Permian Shale-Oil Output Soars as Other Regions Falter: Chart

Shale-oil production from the Permian region spanning Texas and New Mexico may climb to a record even as other major drilling areas post declines, the Energy Information Administration forecast on Monday. Bolstered by rising rig counts, Permian output is expected to reach 2 million barrels a day next month. Overall production from U.S. shale fields is seen falling to 4.4 million barrels per day in October from 4.47 million in September.

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