Texas – Page 3 – Peak Oil Barrel

US July Oil Production Rises on Texas & GOM Jump

10/04/202310/04/2023 Ovi 147 Comments

By Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to July 2023.

U.S. July oil production increased by 91 kb/d to 12,991 kb/d. The large increase was primarily due to a 73 kb/d increase in the GOM and a 72 kb/d increase in Texas.

The dark blue graph, taken from the September 2023 STEO, is the forecast for U.S. oil production from August 2023 to December 2024. Output for December 2024 is expected to be 13,457 kb/d which is 457 kb/d higher than the November 2019 peak of 13,000 kb/d.

US May Oil Production Little Changed

08/02/202308/02/2023 Ovi 153 Comments

By Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to May 2023.

U.S. May oil production decreased by 15 kb/d to 12,662 kb/d, an atypical small change. The small change is primarily due to the upward revision of April output from 12,615 kb/d to 12,677 kb/d, an increase of 62 kb/d.

GOM Drop Drops US April Oil Production

07/03/202307/03/2023 Ovi 298 Comments

A guest post by Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to April 2023.

U.S. April oil production decreased by 102 kb/d to 12,615 kb/d, a drop from last month’s post pandemic high of 12,717 kb/d. Note that March’s output was revised up by 21 kb/d from 12,696 to 12,717 kb/d.

US January Oil Production at Post Pandemic High

04/03/202304/04/2023 Ovi 265 Comments

A Guest post by Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs March Petroleum Supply monthly PSM which provides updated information up to January 2023.

U.S. oil production increased by 437 kb/d to 12,462 kb/d, a post pandemic high. For January, the GOM contributed 125 kb/d to this high. The states with the largest increase were North Dakota with 97 kb/d followed by Texas with 76 kb/d.

Winter Storm Drops US December Oil Production

03/04/202303/04/2023 Ovi 207 Comments

A guest post by Ovi

All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs February Petroleum Supply monthly PSM which provides updated information up to December 2022.

U.S. December production decreased by 276 kb/d to 12,101 kb/d. For December, the state with the largest decrease was North Dakota with 135 kb/d followed by Texas with 65 kb/d while New Mexico had the largest increase, 46 kb/d. The December production decline was caused by bad weather in many states.