North Dakota’s Bakken shale formation increased oil output to a record 727,149 barrels a day in April, according to preliminary data compiled by the state Industrial Commission. Overall North Dakota production reached 793,302 barrels per day.
Increased output from shale formations including the Bakken and the Eagle Ford in southern Texas helped U.S. oil production reach 7.37 million barrels a day in the week ended May 3, the most since February 1992, Energy Information Administration data show. The figure slipped by 76,000 barrels a day to 7.22 million last week.
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