OLOXF - U.S. December Oil Production At All-Time High
2025-03-10 18:20:00 ET
Summary
- U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high.
- According to the EIA, New Mexico’s December production rose by 24 kb/d to 2,113 kb/d.
- Alaska?s December output dropped by 5 kb/d to 434 kb/d while YoY production rose by 1 kb/d.
A guest post by Ovi
All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIA?s Petroleum Supply monthly PSM which provides updated information up to December 2024.
U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. It is 183 kb/d higher than December 2024. The largest increase came from the GOM, 203 kb/d. November production was revised up from last month’s 13,314 kb/d to 13,396 kb/d an increase of 82 kb/d. Production in January is expected to drop by 177 kb/d, possibly due to the drop in completions during December and January along with a drop from the GOM.
The dark blue graph, taken from the February 2025 STEO, is the forecast for U.S. oil production from January 2025 to December 2026. Output for December 2026 is expected to reach 13,657 kb/d. From December 2024 to December 2026 production is expected to grow by 166 kb/d.
The light blue graph is the STEO’s projection for output to December 2026 for the Onshore L48. December Onshore L48 production increased by 53 kb/d to 11,272 kb/d, a new high. From December 2024 to December 2026, production is expected to increase by 94 kb/d to 11,366 kb/d. December 2026 production was revised down from 11,414 kb/d by 48 kb/d from last month. Note how production is essentially flat starting in mid 2025 to mid 2026.
U.S. Oil Production Ranked by State
Listed above are the 12 US states with the largest oil production along with the Gulf of Mexico. Montana has been added to this table this month since its production exceeded Louisiana’s production and we wish to keep tracking Louisiana....
U.S. December Oil Production At All-Time High