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US crude oil production in 2015 averaged 9.43 million b/d, up from 8.71 million b/d in 2014, according to data from the US Energy Information Administration. The increase in output shrunk to 722,000 b/d in 2015 from 1.25 million b/d in 2014.

The latest “Monthly Crude Oil, Lease Condensate, and Natural Gas Production Report,” released in tandem with the Petroleum Supply Monthly (PSM), shows output in December averaged 9.26 million b/d, down from 9.31 million b/d in November and 9.43 million b/d in December 2014.

Texas crude production fell to 3.34 million b/d in December from 3.41 million b/d in November and 3.51 million b/d in December 2014. During the year, Texas averaged 3.46 million b/d, compared with 3.17 million b/d in 2014.

North Dakota crude production dropped to 1.14 million b/d in December from 1.17 million b/d in November and 1.23 million b/d in December 2014. For 2015, North Dakota averaged 1.17 million b/d, up from 1.09 million b/d in 2014.

Federal offshore Gulf of Mexico, meanwhile, posted an increase in December to 1.63 million b/d from 1.52 million b/d in November and 1.45 million b/d in December 2014. During 2015, the US gulf averaged production of 1.54 million b/d, up from 1.4 million b/d in 2014.

Tag(s) : #Oil and Gas News
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