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 13844 BBL/D/1K in September from 13800 BBL/D/1K in August 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.

Key information about United States Crude Oil: Production

• United States Crude Oil: Production was reported at 13,208.219 Barrel/Day th in Dec 2024
• This records an increase from the previous number of 12,934.556 Barrel/Day th for Dec 2023
• US Crude Oil: Production data is updated yearly, averaging 7,171.122 Barrel/Day th from Dec 1960 to 2024, with 65 observations
• The data reached an all-time high of 13,208.219 Barrel/Day th in 2024 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

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.

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.

The gross output of the U.S. oil and gas extraction industry stood at 456 billion U.S. dollars in 2024, down from 467.7 billion dollars in the previous year. Gross output saw a net increase since 2017 and generally reflects 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 shrank to just 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.

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

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.

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.

Forecast: Maize Oil Production in the US 2023 - 2027 Discover more data with ReportLinker!

Forecast: Peanut Oil Production in the US 2023 - 2027 Discover more data with ReportLinker!

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 DriversGrowing 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.

United States Oil Production Change: Existing: Haynesville data was reported at -1.000 Barrel/Day th in Mar 2025. This stayed constant from the previous number of -1.000 Barrel/Day th for Feb 2025. United States Oil Production Change: Existing: Haynesville data is updated monthly, averaging -1.000 Barrel/Day th from Jan 2007 (Median) to Mar 2025, with 219 observations. The data reached an all-time high of 0.000 Barrel/Day th in Dec 2023 and a record low of -2.000 Barrel/Day th in May 2020. United States Oil Production Change: Existing: Haynesville data remains active status in CEIC and is reported by U.S. Energy Information Administration. The data is categorized under Global Database’s United States – Table US.RB040: Oil Production: by Region.

The average for 2023 based on 25 countries was 781.95 thousand Barrels Per Day. The highest value was in the USA: 12927.22 thousand Barrels Per Day and the lowest value was in Antigua and Barbuda: 0 thousand Barrels Per Day. The indicator is available from 1973 to 2023. Below is a chart for all countries where data are available.

Forecast: Soybean Oil Production in the US 2023 - 2027 Discover more data with ReportLinker!

Graph and download economic data for Gross Domestic Product: Oil and Gas Extraction (211) in the United States (USOILGASNGSP) from 1997 to 2024 about extraction, mining, oil, gas, GSP, private industries, private, industry, GDP, and USA.

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.

The average for 2023 based on 20 countries was 403.81 thousand Barrels Per Day. The highest value was in Brazil: 3401.59 thousand Barrels Per Day and the lowest value was in Dominican Republic: 0 thousand Barrels Per Day. The indicator is available from 1973 to 2023. Below is a chart for all countries where data are available.

The average for 2023 based on 12 countries was 542.44 thousand Barrels Per Day. The highest value was in Brazil: 3401.59 thousand Barrels Per Day and the lowest value was in Paraguay: 0 thousand Barrels Per Day. The indicator is available from 1973 to 2023. Below is a chart for all countries where data are available.

This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.

Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles.