By Dennis Coyne
The US Energy Information Administration publishes Tight Oil Production Estimates by Play each month (can be found at link above.) I noticed this month that the estimates seemed different than I, remembered so I checked earlier estimates I had saved on my computer. The chart below compares estimates from December 2018 to April 2019 (where the last month of data in the estimate is December 2018, February 2019, March 2019, and April 2019).
As is clear from the chart the February and March estimates have each been revised lower over the past