US shale oil production is expected to hit a record 8.77 million barrels a day in September

NEW YORK (Reuters) – Oil production from seven major US rock formations is expected to rise by 85,000 barrels a day in September to a record 8.77 million barrels a day, the US Energy Information Administration said on Monday.

The largest change is expected in the Permian Basin, Texas and New Mexico, where production is expected to rise from 75,000 barrels per day to 4.42 million barrels per day, its highest level of any time.

Production in the Bakan Basin, which is expanding in North Dakota and Montana, is expected to increase by 3,000 barrels a day to a record 1.44 million barrels per day.

The increase in production at Permian and Bakan is at the forefront of the shale oil boom that has allowed the United States to become the world's largest oil producer, ahead of Saudi Arabia and Russia.

EIA said production in the Newberara Basin, which is expanding in Wyoming and Colorado, is expected to increase 12,000 bpd to a record 758,000 bpd.

(Reuters)