All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs November Petroleum Supply monthly PSM which provides updated information up to September 2022.
U.S. September production increased by 289 kb/d to 12,268 kb/d. It should be noted that August’s oil production was revised up by only 4 kb/d in the current September report. The large increase over the August update is real. For September, the states with the largest increase were Texas 90 kb/d, New Mexico 75 kb/d and North Dakota 43 kb/d. The Gulf of Mexico added 64 kb/d.
All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs October Petroleum Supply monthly PSM which provides data up to August 2022.
U.S. August production increased by 102 kb/d to 11,975 kb/d. It should also be noted that July’s oil production was revised up from 11,800 kb/d to 11,873 kb/d in the October report. So the total increase over the July report, including the revision, was 175 kb/d. For August, the state with the largest increase was Texas at 78 kb/d. August’s production was a new post pandemic high.
All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs September Petroleum Supply monthly PSM which provides data up to July 2022.
U.S. July production increased by a minimal 12 kb/d to 11,800 kb/d. For July, the states with increasing production were offset by states with decreasing production. July’s production was a new recent high. Production was 10 kb/d higher than November 2021 which was producing at a rate of 11,790 kb/d. However it should be noted that June’s oil production was revised down from 11,816 kb/d to 11,788 kb/d in the September report.
All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM. After the state production charts, an analysis of two EIA monthly reports that project future production is provided. The charts below are updated to May 2022 for the 10 largest US oil producing states.
Each month the EIA produces four reports which project oil output for the US and the World. The Short Term Energy Outlook (STEO) forecasts oil output for a period of 12 to 24 months into the future for US and World oil production. A second report, the Drilling Productivity Report (DPR) forecasts the combined production for conventional and tight oil in the main tight oil basins, four months ahead of the EIA monthly report. Their third report, Light Tight Oil (LTO), reports on only the tight oil produced in seven tight oil basins and a few smaller ones. A fourth and final outlook is the Monthly Energy Review (MER) that forecasts US output two months past the official US production numbers, for this report that will be October and November. Due to technical issues at the EIA, the LTO report and the MER were not available at press time.
Production numbers/charts for May for four countries obtained from their official sites are provided below.
Normally the Outlooks report appears at the end of the monthly US report. For this month it has been posted separately and early.
1) Short Term Energy Outlook
The June STEO provides projections for the next 21 months, starting with April 2022 to December 2023, for US C + C and other countries.
The June 2022 STEO has revised downward its projected US oil output from May 2022 to Q3-23. However Q4-23 has been revised up from the previous May 2022 STEO. In December 2023 output is expected to reach 13,444 kb/d, 160 kb/d higher than reported in the May report
