Oil production in the United States amounted to around 857.9 million metric tons in 2024, an increase when compared to the previous year and the highest figure recorded within the period of consideration. Between 1998 and 2024, figures increased by 490 million metric tons.

Crude Oil Production in the United States increased to 13468 BBL/D/1K in April from 13450 BBL/D/1K in March 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.

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.

Key information about United States Crude Oil: Production

• United States Crude Oil: Production was reported at 12,927.088 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 11,910.573 Barrel/Day th for Dec 2022
• US Crude Oil: Production data is updated yearly, averaging 8,135.663 Barrel/Day th from Dec 1960 to 2023, with 64 observations
• The data reached an all-time high of 12,927.088 Barrel/Day th in 2023 and a record low of 4,999.727 Barrel/Day th in 2008
• US Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Production: Yearly

North America's oil production amounted to 27.1 million barrels per day in 2023, up from some 25.4 million barrels daily in the prior year. Between 1998 and 2022, figures increased by nearly 12.9 thousand barrels per day.

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.

Graph and download economic data for Gross Domestic Product: Oil and Gas Extraction (211) in the United States (USOILGASNGSP) from 1997 to 2023 about extraction, oil, mining, gas, GSP, private industries, private, industry, GDP, and USA.

Weekly Crude Oil Production in the United States decreased to 13385 Thousand Barrels Per Day in July 4 from 13433 Thousand Barrels Per Day in the previous week. This dataset includes a chart with historical data for the United States Weekly Crude Oil Production.

The Permian basin is by far the most productive oil basin in the United States. Monthly production in the Permian peaked at nearly six million barrels per day in July 2023. This basin is also known as West Texas Basin, located in western Texas and southeastern New Mexico. Total daily production output in the U.S. climbed to over eight million barrels by late 2021.

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.

County-level data from oil and/or natural gas producing States—for onshore production in the lower 48 States only—are compiled on a State-by-State basis. Most States have production statistics available by county, field, or well, and these data were compiled at the county level to create a database of county-level production, annually for 2000 through 2011. Raw data for natural gas is for gross withdrawals, and oil data almost always include natural gas liquids. Note that State-provided natural gas withdrawals were not available for Illinois or Indiana; those estimates were produced using geocoded wells and State total production reported by the U.S. Department of Energy’s Energy Information Agency. In the data file, counties with increases or decreases in excess of $20 million in oil and/or natural gas production during 2000-11 are also identified. See the Documentation for more details. Currently, an ERS update to this data product is not planned.

In 2024, the United States consumed nearly ** million barrels of oil daily. In comparison to the previous year, figures decreased by around *** percent. Within the period of consideration, the figure peaked at **** million barrels of oil daily in 2005. The U.S. is the country with the highest oil consumption in the world. Domestic production U.S. oil production saw a noticeable growth after the Great Recession, as the energy industry developed extraction technologies to reduce the need to import high-priced oil. In 2021, domestic production amounted to **** million barrels per day, while figures in 2008 stood at *** million barrels per day. Texas is by far the leading crude oil producing state, with an annual production of *** billion barrels in 2024. New Mexico was the second largest producer, at a third of Texas’ production. American oil companies As of June 2025, ExxonMobil had the highest market capitalization of any oil and gas producer in the world. Chevron and ConocoPhillips were also among the top 10 oil and gas companies worldwide based on market value, ranking ****** and ******** respectively. ExxonMobil was founded in 1999, as a merger of Exxon and Mobil, formerly the Standard Oil Company of New Jersey and Standard Oil Company of New York, respectively. ExxonMobil is headquartered in Irving, Texas (although it has recently announced it will move its headquarters further South to its Houston campus) and generated an operating revenue of *** billion U.S. dollars in 2023. This figure represented an increase in comparison to 2021, when the company’s revenue dropped as a consequence of the coronavirus pandemic.

Graph and download economic data for All Employees, Oil and Gas Extraction (CES1021100001) from Jan 1972 to Jun 2025 about extraction, logging, oil, mining, gas, establishment survey, employment, and USA.

The production of unrefined mixture of naturally occurring hydrocarbons

This data release contains several datasets that provide an overview of oil and gas well history and production of the United States, from 1817 to September 1, 2022. Well history data is aggregated into 1-mile and 10-mile squares indicating the total number of wells and counts of wells classified as oil, gas, dry, injection, hydraulically fractured, and/or horizontal wells. Well history is also separated into layers binned on 1-year increments from a well's spud date (date drilling commenced). Production data is aggregated in 2-mile and 10-mile squares that sum the total production of oil, gas, and water volumes. Production data is also separated into layers binned on 1-year increments to reflect the year of production. These aggregations are compiled from data from IHS Markit, which is a proprietary, commercial database. No proprietary data is contained in this release. This data release was updated May 2023 to reflect an offset of 1 year on the original release.

Key information about United States Oil Consumption

• United States Oil Consumption was reported at 18,983.557 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 18,862.210 Barrel/Day th for Dec 2022
• US Oil Consumption data is updated yearly, averaging 17,634.400 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 20,531.482 Barrel/Day th in 2005 and a record low of 11,512.436 Barrel/Day th in 1965
• US Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

Crude oil production in the United States is expected to amount to 28.26 quadrillion British thermal units in 2025. Despite many governments intensifying searches for renewable alternatives to fossil fuel energy production, production is forecast to increase until at least 2027. One standard barrel of crude oil contains about 5.8 million British thermal units. U.S. oil production gains in the past decade Thanks to hydraulic fracturing, the United States has been able to position itself as the largest oil producer worldwide. Fracking allows them to extract oil from permeable rock formations, such as shale or tight sandstone. This type of oil is referred to as tight oil or unconventional oil. In the U.S., most shale formations are located in Texas and North Dakota. Since the rapid expansion of fracking, these states have become two of the country’s largest producers of crude oil. The largest oil producing region is the Permian basin in Texas and New Mexico. Most productive oil basins Also, as of May 2025, the Permian basin ranked as the third-largest producer basin of new-well oil, generating slightly over 1,500 barrels per day per rig. The Bakken basin was the largest new-well oil producer that month, with nearly 1,800 barrels per day per rig. New-well oil refers to initial crude oil output from recently drilled and completed wells, a key metric in the oil and gas industry used to assess early well productivity.

The US oil and gas production index measures the change in annual crude oil and natural gas production in the continental United States. Data for both commodities is sourced from the Energy Information Administration, and crude oil production volume has been converted to the equivalent measurement of natural gas. The base year of the index is 2000.

This dataset contains information about united states crude oil production for 1920-2021. Data from US Energy information administration.

In 2019, Oil Production in the US grew 11% compared to a year earlier. Need to compare country statistics and get a global overview? Find all data easily.