January’s US Oil Production Drops Big

By Ovi

All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to January 2025.

U.S. January oil production decreased by 305 kb/d to 13,146 kb/d, 158 kb/d lower than December 2023. The largest decreases came from Texas and New Mexico. December production was revised down from last month’s 13,491 kb/d to 13,451 kb/d a decrease of 40 kb/d. Production in February is expected to increase by 392 kb/d.

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U.S. December Oil Production at All time High

By Ovi

All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to December 2024.

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all time high. It is 183 kb/d higher than December 2024. The largest increase came from the GOM, 203 kb/d. November production was revised up from last month’s 13,314 kb/d to 13,396 kb/d an increase of 82 kb/d. Production in January is expected to drop by 177 kb/d, possibly due to the drop in completions during December and January along with a drop from the GOM.

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US August Oil Production Another Record High

By Ovi

All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to August 2024.

U.S. August oil production increased by 195 kb/d to 13,401 kb/d to another record high. The previous record was 13,308 kb/d in December 2023. The largest increases came from Texas, 99 kb/d and New Mexico, 57 kb/d.

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February Non-OPEC and World Oil Production Rises

By Ovi

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil producing countries. OPEC production is covered in a separate post.

Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil producing countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to February 2024. This is the latest and most detailed/complete World Oil production information available. Information from other sources such as OPEC, the STEO and country specific sites such as Brazil, Norway and China is used to provide a short term outlook. 

World oil production increased by 553 kb/d in February to 82,219 kb/d, green graph. The largest increase came from the U.S., 578 kb/d. March’s World oil production is projected to rise by 402 kb/d to 82,621 kb/d. As a check on the estimate for February 2024 that was made in the previous forecast, it was 82,204 kb/d, low by 15 kb/d.

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