The U.S. hit a brand new crude oil manufacturing report not too long ago, an information web page on the U.S. Vitality Data Administration (EIA) web site confirmed.
The info web page – which shows month-to-month U.S. discipline manufacturing of crude oil, was final up to date on August 29, and contains information from January 1920 to June 2025 – revealed that month-to-month U.S. discipline manufacturing of crude oil averaged 13.58 million barrels per day in June.
This determine is the very best within the information set, with the second highest determine coming in October 2024, at 13.530 million barrels per day. The third highest determine within the information set was seen in April this 12 months, at 13.466 million barrels per day.
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Month-to-month U.S. discipline manufacturing of crude oil has averaged 13 million barrels per day or extra on 21 events, in keeping with the information web page. 4 of those had been seen in 2023, 11 got here in 2024, and 6 had been in 2025, the information web page highlighted.
An information web page on the EIA website displaying annual U.S. discipline manufacturing of crude oil, which was additionally final up to date on August 29 and which incorporates information from 1859 to 2024, confirmed that annual U.S. discipline manufacturing of crude oil averaged 13.235 million barrels per day in 2024. Previous to this, annual U.S. discipline manufacturing of crude oil had by no means averaged 13 million barrels per day or extra, the information revealed. The closest it got here to an annual common of 13 million barrels per day was in 2023, at 12.943 million barrels per day, the information confirmed.
In a market evaluation despatched to Rigzone not too long ago, Antonio Di Giacomo, Monetary Markets Analyst for LATAM at XS, famous that, “in June, the US reached a brand new all-time excessive in crude oil manufacturing, hitting 13.58 million barrels per day”.
“This milestone was primarily pushed by will increase in Texas, New Mexico, and the Gulf of Mexico[/America] consolidating the nation’s place because the world’s largest crude oil producer,” Di Giacomo added.
“The surge displays the resilience of the U.S. power sector, regardless of challenges to funding and fluctuations in worldwide oil costs,” Di Giacomo went on to state.
“Trying forward, analysts count on U.S. power manufacturing to stay robust, although dangers stay linked to worldwide worth volatility, Federal Reserve financial coverage choices, and investments in clear power,” the Monetary Markets Analyst for LATAM at XS continued.
Rigzone contacted the American Petroleum Institute (API) and the U.S. Division of Vitality (DOE) for touch upon Di Giacomo’s assertion.
In response, a DOE spokesperson advised Rigzone, “the Division of Vitality is executing a daring, pro-growth agenda to strengthen the resilience and safety of U.S. power infrastructure, increase home manufacturing, and decrease prices for American households”.
“Because of President Trump’s management, the US is extra power dominant than ever – as proven by the report U.S. crude oil manufacturing achieved earlier this 12 months and the EIA’s quick time period projections of even increased all-time manufacturing by December 2025,” the spokesperson added.
“Whereas long-term forecasts are sometimes revised, the fact is obvious – America is main the way in which in power manufacturing by chopping purple tape and unleashing reasonably priced, ample, and dependable world provide of oil and gasoline, delivering on the President’s promise to place the American folks first,” the spokesperson continued.
On the time of writing, the API has not responded to Rigzone.
In its newest quick time period power outlook (STEO), which was launched on August 12, the EIA mentioned it “count on[s] will increase in effectively productiveness will push U.S. crude oil manufacturing to an all-time excessive close to 13.6 million barrels per day in December 2025”.
The EIA elevated its U.S. crude oil manufacturing forecast for the entire of 2025 in that STEO. The group projected in its August STEO that U.S. crude oil output, together with lease condensate, will common 13.41 million barrels per day this 12 months. In its earlier STEO, which was launched in July, the EIA projected that the nation’s crude oil output, together with lease condensate, would common 13.37 million barrels per day in 2025.
The EIA forecast in its newest STEO that 11.15 million barrels per day of the projected whole determine of 13.41 million barrels per day will come from Decrease 48 states, excluding the Gulf of America.
Of this 11.15 million barrel per day determine, 6.53 million barrels per day will come from the Permian area, 1.18 million barrels per day will come from the Bakken area, 1.13 million barrels per day will come from the Eagle Ford area, 0.19 million barrels per day will come from the Appalachian area, 0.03 will come from the Haynesville area, and a couple of.09 million barrels per day will come from the remainder of the Decrease 48 states, the EIA projected within the STEO.
The EIA expects the Federal Gulf of America to supply 1.83 million barrels per day of the overall 2025 determine and Alaska to supply 0.43 million barrels per day of this 12 months’s whole U.S. crude oil manufacturing determine, the August STEO confirmed.
In accordance with the Vitality Institute’s (EI) newest statistical evaluation of world power report, which was printed earlier this 12 months, the U.S. was the world’s prime producer of crude oil and condensate in 2024 with 13.194 million barrels per day.
To contact the writer, electronic mail andreas.exarheas@rigzone.com
