AJOT | January 24, 2020 | Energy
Rystad Energy expects oil production from New Mexico may have surpassed the 1 million barrels per day threshold in November, or possibly in December 2019*. Forecasted volumes for November and December consist of delayed production reports from already existing wells and newly fracked wells. Among those experiencing delayed production, Matador is delayed in reporting over 35,000 barrels per day (bpd) for November from PDP wells as of 22 January.
