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Crude Oil Production in the United States increased to 13488 BBL/D/1K in March from 13240 BBL/D/1K in February of 2025. This dataset provides the latest reported value for - United States Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Oil production in the United States amounted to around 827.1 million metric tons in 2023, an increase when compared to the previous year and the highest figure recorded within the period of consideration. Between 1998 and 2023, figures increased by 459 million metric tons.
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Key information about United States Crude Oil: Production
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Weekly Crude Oil Production in the United States increased to 13435 Thousand Barrels Per Day in June 20 from 13431 Thousand Barrels Per Day in the previous week. This dataset includes a chart with historical data for the United States Weekly Crude Oil Production.
Texas is by far the largest oil-producing state in the United States. In 2024, Texas produced a total of over two billion barrels. In a distant second place is New Mexico, which produced 744.6 million barrels in the same year. Virginia is the smallest producing state in the country, at three thousand barrels. Macro perspective of U.S. oil production The U.S. oil production totaled some 19.4 million barrels of oil per day, or a total annual oil production of 827 million metric tons in 2023. As the largest oil producer in the U.S., it is not surprising that Texas is home to the most productive U.S. oil basin, the Permian. The Permian has routinely accounted for at least 50 percent of total onshore production. Regional distribution of U.S. oil production A total of 32 of the 50 U.S. states produce oil. There are five regional divisions for oil production in the U.S., known as the Petroleum Administration for Defense Districts (PADD). These five regional divisions of the allocation of fuels derived from petroleum products were established in the U.S. during the Second World War and they are still used today for data collection purposes. In line with the fact that Texas is by far the largest U.S. oil producing state, PADD 3 (Gulf Coast) is also the largest oil producing PADD, as it also includes the federal offshore region in the Gulf of Mexico. There are around 590 operational oil and gas rigs in the country as of February 2025.
In 2023, oil production in the United States reached 19.4 million barrels per day, the highest value within the period of consideration. The United States currently produces more oil than any other country in the world. Why has U.S. oil production increased? As U.S. oil production has more than doubled since the 2008 recession, imports of crude oil to the United States have decreased. An upsurge in foreign oil prices during the financial crisis, particularly from OPEC countries located mainly in the Middle East, motivated the U.S. energy industry to find ways to increase production domestically. Developments in extraction technology During the recession, investors took advantage of low-interest rates to develop costly oil extraction processes such as hydraulic fracturing. Also known as “fracking,” this extraction method made it possible to access shale oil deep underground that was once out of reach. Texas and New Mexico are major sites of shale reserves and have thus become the two largest oil-producing states in the country.
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United States Crude Oil Supply: Field Production data was reported at 11,142.000 1000 Barrel/Day in Oct 2018. This records an increase from the previous number of 11,047.000 1000 Barrel/Day for Sep 2018. United States Crude Oil Supply: Field Production data is updated monthly, averaging 7,435.340 1000 Barrel/Day from Jan 1973 (Median) to Oct 2018, with 550 observations. The data reached an all-time high of 11,345.511 1000 Barrel/Day in Aug 2018 and a record low of 3,973.586 1000 Barrel/Day in Sep 2008. United States Crude Oil Supply: Field Production data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB016: Petroleum Overview.
Texas is by far the leading producing state of crude oil in the United States, with production amounting to roughly 5.5 million barrels per day. Following, New Mexico produced a third of the amount produced in the Lone Star state.
The production of unrefined mixture of naturally occurring hydrocarbons
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Graph and download economic data for Real Gross Domestic Product: Oil and Gas Extraction (211) in the United States (USOILGASRGSP) from 1997 to 2023 about extraction, oil, mining, gas, GSP, private industries, private, real, industry, GDP, and USA.
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United States Field Production: Crude Oil data was reported at 344,239.000 Barrel th in Sep 2018. This records a decrease from the previous number of 351,720.000 Barrel th for Aug 2018. United States Field Production: Crude Oil data is updated monthly, averaging 194,974.000 Barrel th from Jan 1920 (Median) to Sep 2018, with 1185 observations. The data reached an all-time high of 351,720.000 Barrel th in Aug 2018 and a record low of 33,193.000 Barrel th in Feb 1920. United States Field Production: Crude Oil data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB022: Petroleum Supply: Field Production.
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Oil and gas producers have experienced high volatility in recent years. The pandemic halted the economy and ripped away steady growth as restrictions limited the need for oil and gas. The conflict in Ukraine added to the uncertainty, as the reliance on Russian oil and gas was distributed between domestic producers and other sources. As the economy recovered, the need for oil and gas shot up quicker than supply could match, causing prices to surge and generating substantial returns. Nonetheless, this growth was short-lived as prices fell in 2023 and 2024, causing revenue to dip, despite massive upticks in production. Overall, revenue has swelled at a CAGR of 10.7% over the five years, reaching $509.4 billion in 2025, including a 3.9% uptick in 2025 alone. Exports of crude oil and natural gas from the United States had long been banned with few exceptions, but legislation passed in 2016 overturned this rule and dramatically changed the industry. Exports pushed up dramatically as producers sought to capitalize on opportunities abroad. They have continued to climb in recent years, becoming essential to producers' success. Sanctions placed on Russian energy have bolstered export growth, with the Netherlands becoming the largest US energy export market late over the current period. Innovation in drilling technology will drive the performance of producers forward, but environmental concerns and increasing pressure to convert to renewables will limit success. Fossil fuel prices will weaken steadily but remain high, providing solid profit for producers. The trade-weighted index falling over the outlook period will benefit exports and reduce import penetration. European countries continuing to reduce their reliance on Russian energy may provide US producers with new opportunities. Nonetheless, imports and exports to and from Mexico and Canada may be impacted if reflationary energy tariffs are instated. Overall, revenue is set to dip at a CAGR of 2.3% to $452.5 billion through the end of 2030.
This dataset contains information about united states crude oil production for 1920-2021. Data from US Energy information administration.
This statistic illustrates the domestic U.S. crude oil production in 2000 and 2020, by source, measured in million barrels per day. In 2000, there were produced some 970 thousand barrels of crude oil in Alaska. In 2020, this production is expected to be around 490 thousand barrels per day.
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Graph and download economic data for Industrial Production: Mining: Crude Oil (NAICS = 21112) (IPG21112N) from Jan 1972 to May 2025 about extraction, crude, oil, NAICS, mining, gas, and USA.
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United States PADD III: Field Production: Crude Oil (CO) data was reported at 199,655.000 Barrel th in Apr 2018. This records a decrease from the previous number of 207,688.000 Barrel th for Mar 2018. United States PADD III: Field Production: Crude Oil (CO) data is updated monthly, averaging 101,442.000 Barrel th from Jan 1981 (Median) to Apr 2018, with 448 observations. The data reached an all-time high of 207,688.000 Barrel th in Mar 2018 and a record low of 49,939.000 Barrel th in Sep 2008. United States PADD III: Field Production: Crude Oil (CO) data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s USA – Table US.RB022: Petroleum Supply: Field Production.
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US Oil And Gas Upstream Market size was valued at USD 923.44 Million in 2024 and is projected to reach USD 1094.75 Million by 2032, growing at a CAGR of 2.15% from 2026 to 2032.
Key Market Drivers
Growing Domestic Oil Production and Energy Independence: The United States has greatly increased its oil and gas production capacity, hence boosting its position in global energy markets. According to the Energy Information Administration (EIA), US crude oil output hit a new high of 13.3 million barrels per day in 2023, a 32% increase from 2018. According to the US Department of Energy, domestic oil output has reduced petroleum imports by 65% since 2010, and the US became a net energy exporter in 2020, exporting an average of 3.6 million barrels of petroleum products per day in 2023.
Technological Advancements in Drilling and Extraction: Advanced drilling technologies and improved extraction procedures have greatly increased production efficiency.
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United States Crude Oil Supply: Field Production: Alaskan data was reported at 487.000 1000 Barrel/Day in Oct 2018. This records an increase from the previous number of 471.000 1000 Barrel/Day for Sep 2018. United States Crude Oil Supply: Field Production: Alaskan data is updated monthly, averaging 1,005.064 1000 Barrel/Day from Jan 1973 (Median) to Oct 2018, with 550 observations. The data reached an all-time high of 2,086.065 1000 Barrel/Day in Mar 1988 and a record low of 148.613 1000 Barrel/Day in May 1976. United States Crude Oil Supply: Field Production: Alaskan data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB017: Petroleum Overview: by Product.
The gross output of the U.S. oil and gas extraction industry stood at 478.75 billion U.S. dollars in 2023, up from 652.94 billion dollars in the previous year. Gross output saw a net increase since 2017 and generally reflect changes in crude oil prices and underlying world market developments. Growth in industry's value added Taking into account the cost of services and goods used during production, the industry's value added has increased along greater gross output. In 2023, value added by the U.S. oil and gas extraction industry climbed to over 250 billion U.S. dollars. Trends in domestic oil production Domestic oil production has grown exceptionally since technological advances and historically high oil prices made shale mining profitable. Between 2008 and 2023, U.S. oil production increased nearly three-fold, reaching a new peak in the latter year.
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US weekly crude oil production refers to the amount of crude oil that is produced in the United States on a weekly basis. It is an important indicator of the country's domestic oil production and plays a significant role in global energy markets. This article discusses the significance of weekly crude oil production data, its impact on global oil prices and market dynamics, and its importance for energy stakeholders and policymakers in making informed decisions and planning for the future.
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Crude Oil Production in the United States increased to 13488 BBL/D/1K in March from 13240 BBL/D/1K in February of 2025. This dataset provides the latest reported value for - United States Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.