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Permian oil production to set new records category
April 18, 2018
Source: World Oil

Permian oil production to set new records

As drillers continue to add more wells, it is expected that the output from the world’s most prolific oil play would scale new heights. According to the forecast by the Energy Information Administration, the production is predicted to reach 3.11 MMbpd in April and 3.18 MMbpd in May, the highest records since 2007.

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