Delhi/N. Louisiana
Delhi/N. Louisiana Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2023-02-16 | $72 | 528 | 536 | 1.71 |
| 2023-02-15 | $72 | 530 | 538 | 1.72 |
| 2023-02-14 | $73 | 533 | 542 | 1.73 |
| 2023-02-13 | $74 | 541 | 549 | 1.76 |
| 2023-02-10 | $73 | 537 | 546 | 1.74 |
| 2023-02-09 | $72 | 526 | 535 | 1.71 |
| 2023-02-08 | $72 | 528 | 536 | 1.71 |
| 2023-02-07 | $71 | 517 | 525 | 1.68 |
| 2023-02-06 | $68 | 495 | 503 | 1.61 |
| 2023-02-03 | $67 | 489 | 497 | 1.59 |
| 2023-02-02 | $69 | 508 | 516 | 1.65 |
| 2023-02-01 | $70 | 513 | 522 | 1.67 |
| 2023-01-31 | $73 | 531 | 540 | 1.73 |
| 2023-01-30 | $72 | 524 | 533 | 1.7 |
| 2023-01-27 | $73 | 537 | 546 | 1.74 |
| 2023-01-26 | $75 | 546 | 555 | 1.77 |
| 2023-01-25 | $74 | 539 | 548 | 1.75 |
| 2023-01-24 | $74 | 539 | 548 | 1.75 |
| 2023-01-19 | $74 | 541 | 549 | 1.76 |
| 2023-01-18 | $73 | 535 | 544 | 1.74 |
| 2023-01-17 | $74 | 539 | 548 | 1.75 |
| 2023-01-13 | $73 | 537 | 546 | 1.74 |
| 2023-01-12 | $72 | 526 | 535 | 1.71 |
| 2023-01-11 | $71 | 520 | 529 | 1.69 |
| 2023-01-10 | $69 | 504 | 512 | 1.64 |
| 2023-01-09 | $68 | 500 | 508 | 1.62 |
| 2023-01-06 | $67 | 493 | 501 | 1.6 |
| 2023-01-05 | $67 | 491 | 499 | 1.6 |
| 2023-01-04 | $66 | 486 | 494 | 1.58 |
| 2023-01-03 | $71 | 517 | 525 | 1.68 |
Delhi/N. Louisiana Historical price
- In 2017 maximum price $54 per bbl (2017-12-28)
- In 2018 maximum price $39 per bbl (2018-12-31)
- In 2019 maximum price $55 per bbl (2019-12-31)
- In 2020 maximum price $42 per bbl (2020-12-31)
- In 2021 maximum price $71 per bbl (2021-12-30)
- In 2022 maximum price $74 per bbl (2022-12-30)
- In 2023 maximum price $72 per bbl (2023-02-16)
Delhi/N. Louisiana Crude Oil: A Comprehensive Guide
Crude oil is a vital component of the global energy mix, playing a significant role in powering economies and supporting the growth of various industries. In the United States, the production of crude oil is a significant contributor to the country's economy, and the states of Delhi and North Louisiana are some of the largest crude oil producing regions in the country. This article will provide an in-depth look at Delhi and North Louisiana crude oil, including its history, production, and current status.
History of Crude Oil Production in Delhi and North Louisiana
Crude oil has been produced in Delhi and North Louisiana for several decades, with the discovery of the first oil well in Delhi in the 1930s. Over the years, the production of crude oil in these regions has undergone significant changes, with technological advancements and increased demand leading to increased production. In recent years, the use of hydraulic fracturing and horizontal drilling has further boosted production, making Delhi and North Louisiana two of the largest crude oil producing regions in the country.
Current Status of Crude Oil Production in Delhi and North Louisiana
Today, crude oil production in Delhi and North Louisiana remains an important component of the US energy mix, contributing significantly to the country's economy. These regions are home to several major oil companies, including some of the largest producers in the world. The crude oil produced in these regions is of high quality and is in high demand, with much of it being exported to other countries.
Despite the continued importance of crude oil production in Delhi and North Louisiana, the industry has faced several challenges in recent years, including declining reserves and increased competition from other energy sources. Despite these challenges, the industry remains a significant contributor to the economy of the region, providing thousands of jobs and generating millions of dollars in revenue each year.
Conclusion
In conclusion, Delhi and North Louisiana crude oil is a vital component of the US energy mix, playing a significant role in powering the country's economy and supporting the growth of various industries. Despite facing challenges, the industry remains an important contributor to the region, providing jobs and generating significant revenue each year. As the demand for energy continues to grow, it is likely that crude oil production in Delhi and North Louisiana will continue to play a critical role in the US energy mix for years to come.
Frequently Asked Questions (FAQs)
- How is crude oil produced in Delhi and North Louisiana?
Crude oil in Delhi and North Louisiana is produced through drilling, typically using hydraulic fracturing and horizontal drilling techniques. These techniques allow producers to access previously inaccessible reserves of crude oil deep beneath the earth's surface.
- What is the quality of crude oil produced in Delhi and North Louisiana?
The crude oil produced in Delhi and North Louisiana is of high quality, with a low sulfur content and a high API gravity. This high-quality crude oil is in high demand, both domestically and internationally, and is typically priced higher than other types of crude oil.
- How much crude oil is produced in Delhi and North Louisiana each year?
The exact amount of crude oil produced in Delhi and North Louisiana each year can vary depending on a range of factors, including market demand, oil prices, and the availability of reserves. However, in recent years, production has averaged around 60,000 barrels per day.
- What are some of the challenges facing the crude oil industry in Delhi and North Louisiana?
One of the primary challenges facing the crude oil industry in Delhi and North Louisiana is declining reserves, which can lead to reduced production and increased competition from other energy sources. Additionally, fluctuations in oil prices can impact the profitability of crude oil production, making it challenging for smaller producers to remain competitive.
- How does the production of crude oil impact the environment in Delhi and North Louisiana?
Like all forms of energy production, the production of crude oil in Delhi and North Louisiana has environmental impacts. These can include air and water pollution, habitat destruction, and increased greenhouse gas emissions. However, many producers are working to minimize these impacts through the use of advanced technologies and best practices.
Sources
If you're interested in learning more about the production of crude oil in Delhi and North Louisiana, there are a variety of resources available online. Some useful sources of information include:
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The Louisiana Department of Natural Resources: This website provides detailed information on oil and gas production in the state of Louisiana, including statistics on production levels and information on the regulatory framework for the industry.
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The United States Energy Information Administration: The EIA is a government agency that provides comprehensive data on energy production and consumption in the United States. Their website contains detailed information on crude oil production, prices, and consumption at the national and state levels.
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The Delhi Field Museum: This museum, located in Delhi, Louisiana, provides visitors with a comprehensive look at the history and culture of the Delhi Field oil and gas play. The museum's exhibits include interactive displays, artifacts, and photographs related to the production of crude oil in the region.
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The Society of Petroleum Engineers: This professional organization provides resources and information for individuals working in the oil and gas industry. Their website includes articles, technical papers, and other resources related to the production of crude oil and natural gas.
By consulting these and other reputable sources of information, you can gain a better understanding of the production of crude oil in Delhi and North Louisiana, as well as the challenges and opportunities facing the industry.
