US Oil Production Update

Energy Dominance: US Crude Oil Production Tops 12 Million Barrels per Day in April! by David Middleton, 7/15/19.

U.S. crude oil production surpassed 12 million barrels per day in April.

U.S. crude oil production and lease condensate reached another milestone in April 2019, totaling 12.2 million barrels per day (b/d), according to EIA’s latest Petroleum Supply Monthly.

April 2019 marks the first time that monthly U.S. crude oil production levels surpassed 12 million b/d, and this milestone comes less than a year after U.S. crude oil production surpassed 11 million b/d in August 2018.

Texas and the Federal Offshore Gulf of Mexico (GOM), the two largest crude oil production areas in the United States, both reached record levels of production in April at 4.97 million b/d and 1.98 million b/d, respectively. Oklahoma also reached a record production level of 617,000 b/d.

The U.S. onshore crude oil production increase is driven mainly by developing low permeability (tight) formations using horizontal drilling and hydraulic fracturing. EIA estimates that crude oil production from tight formations in April 2019 reached 7.4 million b/d, or 61% of the U.S. total.

https://wattsupwiththat.com/2019/07/15/energy-dominance-us-crude-oil-production-tops-12-million-barrels-per-day-in-april/#targetText=EIA%20estimates%20that%20crude%20oil,61%25%20of%20the%20U.S.%20total.&targetText=EIA%20forecasts%20GOM%20production%20to,growth%20from%202018%20to%202019.

US oil consumption is 20 million bbd, so with US production of oil at 12.2 million bbd, adding 1 million each year we might expect to produce 20 million bbd in 8 years or sooner.

Norb Leahy, Dunwoody GA Tea Party Leader