U.S. Crude Production Rose in January to Highest Since March 2020

Stephanie Kelly
Monday, April 3, 2023

U.S. field production of crude oil rose in January to 12.46 million barrels per day (bpd), the highest since March 2020, Energy Information Administration (EIA) data showed on Friday.

Among the top oil producing states, monthly output in Texas rose 1.5% to 5.24 million bpd, the highest since March 2020, the EIA said. In North Dakota, output jumped 10.2% to about 1.05 million bpd, the highest since November 2022. 

In New Mexico, output grew 1.1% to 1.79 million bpd, the highest on record, the EIA said.

In the federal offshore Gulf of Mexico, production surged 7% to 1.91 million bpd, the highest since March 2020.    

Meanwhile, U.S. product supplied of crude and petroleum products - a proxy for demand - rose to 19.54 million bpd, highest since November 2022, EIA data showed. Product supplied of finished motor gasoline fell in January to 8.28 mln bpd, lowest in a year.

Gross natural gas production in the U.S. Lower 48 states jumped by 2.9 billion cubic feet per day (bcfd) to 112.3 bcfd in January, the most since hitting a record 112.4 bcfd in November 2022, according to EIA's monthly 914 production report.

That was the biggest monthly increase since output soared by a record 8.0 bcfd in March 2021 after the February freeze of 2021 froze oil and gas wells in Texas and several other states.

In top gas producing states, monthly output in January rose 3.0% to 20.3 bcfd in Pennsylvania and 1.1% to a record 32.0 bcfd in Texas.

That topped the prior record of 31.9 bcfd in Texas in October 2022. Output hit a record 21.8 bcfd in Pennsylvania in December 2021.


 (Reporting by Stephanie Kelly and Scott DiSavino; Editing by Josie Kao and Marguerita Choy)

Categories: Energy Activity Production North America Gulf of Mexico

Related Stories

LLOG Spuds Who Dat East Well in US Gulf of Mexico

Exxon to Shut Two Platforms in Guyana for Two Weeks for Pipeline Connection

KOIL Energy Lands Multi-Million-Dollar Subsea Deal

Current News

Big Oil Finds More to Love in Deepwater Exploration Fields

BP-Eni JV Azule Inks Deal for Namibia Offshore License

NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

Subscribe for OE Digital E‑News