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U.S. oil production surged in September as Texas rebounded from Harvey

The nation’s oil production climbed nearly 300,000 barrels a day in September, reaching the highest level since its most recent peak in April 2015, the Energy Department said Thursday.

Energy companies pumped 9.48 million barrels of oil a day in September, up 3.2 percent compared to the 9.19 million barrels a day produced in August.

Drillers in Texas, rebounding from the crippling effects of Hurricane Harvey, boosted output in September to 3.57 million barrels a day, up 5.7 percent from 3.38 million barrels a day the month before.

 U.S. output crested at 9.62 million barrels a day in April 2015, its highest level in four decades, after American drillers tapped into once-inaccessible shale rocks containing vast amounts of oil and natural gas. After oil prices crashed, production fell as low as 8.55 million barrels a day in September 2016.

Compiled and Published by GIB KNIGHT

Gib Knight is a private oil and gas investor and consultant, providing clients advanced analytics and building innovative visual business intelligence solutions to visualize the results, across a broad spectrum of regulatory filings and production data in Oklahoma and Texas. He is the founder of OklahomaMinerals.com, an online resource designed for mineral owners in Oklahoma.

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