Top Stories
Top Stories

UPDATE 1-U.S. shale oil output to rise to record 8.77 mln bpd in September -EIA

-EIA@ (Adds milestones, forecast for other basins)

NEW YORK, Aug 12 (Reuters) - U.S. oil output from seven major shale formations is expected to rise by 85,000 barrels per day (bpd) in September, to a record 8.77 million bpd, the U.S. Energy Information Administration said in its monthly drilling productivity report on Monday.

The largest change is forecast in the Permian Basin of Texas and New Mexico, where output is expected to climb by 75,000 bpd, to 4.42 million bpd in September, an all-time high. That was also the biggest increase forecast for the basin since April.

Output in North Dakota and Montana's Bakken region is expected to edge higher by 3,000 bpd to a record 1.44 million bpd, the data showed.

Production increases in the Permian and Bakken have been at the forefront of a shale boom that helped make the United States the biggest oil producer in the world, ahead of Saudi Arabia and Russia.

In the Niobrara, spanning Wyoming and Colorado, output is expected to rise by 12,000 bpd to a record 758,000 bpd. (Reporting by Devika Krishna Kumar in New York; Editing by Steve Orlofsky)