Texas Is Already Feeling The Shale Slowdown

There are more signs of a drilling slowdown in U.S. shale. The EIA said that the U.S. will add 30,000 barrels per day (bpd) between December and January, down by half or two-thirds from routine monthly increases last year. Within that number, the Permian is still expected to grow by a sizable 48,000 bpd in January, but that is offset by outright declines in the Anadarko basin (-15,000 bpd) and the Eagle Ford (-9,000 bpd). As the numbers suggest, the Permian is really the only place where U.S. shale is still growing, but there are questions over…