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WASHINGTON, D.C. (Bloomberg) -- U.S. crude production climbed to the highest level in more than 28 years last week as the shale boom moved the country closer to energy independence.   Output rose 248,000 bpd to 8.838 million, the most since March 1986, according to Energy Information Administration data. The…
PITTSBURGH, Pennsylvania -- Atlas Resource Partners (ARP) is to acquire oil assets in the Eagle Ford shale in south Texas for $225 million. The assets consist of 22 producing wells and 19 undeveloped locations containing estimated net reserves of approximately 12 MMboe.   ARP' s Board of Directors has approved…
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