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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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EIA: U.S., Texas Report Record Crude Oil Production in August

November 3, 2023 by PBOG

U.S. Energy Information Administration said Tuesday field production of crude oil reached a monthly high in August.  U.S. production was 404.6 million barrels during the month – 13.05 million barrels per day – to surpass the record of 401.73 million barrels in July (up 0.7 percent).  EIA said the largest increases were reported in PADD 4 (Colorado, Idaho, Montana, Utah and Wyoming) and PADD 2 (including North Dakota, Illinois and Kentucky).

EIA said crude oil production in Texas increased in August to 174.562 million barrels (5.63 million b/d) from 173.775 million barrels the previous month (up 0.5 percent).  Notable increases were also reported in New Mexico and North Dakota.

EIA reported gross national gas production in U.S. lower 48 rose by 1.2 billion cubic feet per day to a record 116.3 Bcfd in August compared to 115.0 Bcfd in July and 115.2 Bcfd in May.  Texas increased by 0.9 percent to a record 34.4 Bcfd compared to 34.1 Bcfd in July.

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