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Posted November 24, 2020 Today in Energy

EIA updates geological maps of Midland Basin’s Wolfcamp formation ›

The U.S. Energy Information Administration (EIA) has released new structure and thickness maps for the Wolfcamp play in the Midland Basin, which is a part of the larger Permian Basin in western Texas and southeastern New Mexico. The Wolfcamp formation has attracted many oil companies because of its stacked potential (that is, multiple hydrocarbon-producing zones on top of one another). More

Wolfcamp maps

Source: EIA, U.S. Shale Oil and Natural Gas Maps, Permian Basin

Data Highlights

WTI crude oil futures price

11/23/2020: $43.06/barrel

up$1.72 from week earlier
down$14.71 from year earlier

Natural gas futures price

11/23/2020: $2.711/MMBtu

up$0.014 from week earlier
up$0.046 from year earlier

Retail gasoline price

11/23/2020: $2.102/gal

down$0.009 from week earlier
down$0.477 from year earlier

Retail diesel price

11/23/2020: $2.462/gal

up$0.021 from week earlier
down$0.604 from year earlier

Weekly coal production

11/14/2020: 10.687 million tons

up0.252 million tons from week earlier
down1.978 million tons from year earlier