Small Drop in US February Oil Production

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 February 2023.

U.S. February oil production decreased by 53 kb/d to 12,483 kb/d. Of the 53 kb/d drop, part of it is due to the upward revision of January production from 12,462 kb/d to 12,536 kb/d, an increase of 74 kb/d.

Most of the states had a small drop except North Dakota which increased production by 77 kb/d.

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OPEC Update, April 2023

The OPEC Monthly Oil Market Report (MOMR) for April 2023 was published recently. The last month reported in most of the OPEC charts that follow is March 2023 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In many of the OPEC charts that follow the blue line with markers is monthly output and the thin red line is the centered twelve month average (CTMA) output. 

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