Monthly U.S. Oil Production

Highlights:

EnerWrap uses Department of Interior monthly data combined with EIA monthly data to show U.S. oil production by land type on the next two pages.  The DOI data is as of June.

U.S. oil production as of August was at an all-time high 13.40 million barrels per day, up 2.7% versus last year.  U.S. oil production has been up 38 of the last 39 months, with only the freeze off in January 2024 stopping the streak.  This compares to 56  consecutive months of growth from 2011-2015 and 38 months from 2016 to 2020.

At 5.82 million barrels per day, Texas represents 43.4% of total U.S. oil production.  It is worth noting that there is no significant Federal acreage in the Lone Star state, it is virtually all privately-owned lands.

The Federal Gulf of Mexico offshore region was 13.5% of U.S. production in August while New Mexico (largely Federal leases) registered at 15.6%. These three areas combined totaled 72.5% of U.S. oil production.

During June private lands represented 73.3%, Federal offshore 13.8%, Federal onshore 11.4% and Native lands were 1.4%. Private lands produced 9.71 million barrels per day while Fed Offshore & Onshore produced 1.83 million barrels per day and 1.52 million barrels per day, respectively.

Year-over-year growth was 3.8% on private lands, -1.2% on Gulf of Mexico Fed leases and 3.7% on Federal onshore leases.

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