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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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U.S. remains leader in oil production; Permian accounts for 48 percent of total

July 14, 2026 by PBOG

U.S. remained the world’s largest crude oil producer in 2025, according to the International Energy Statistics database.  That extends a streak that started in 2018 when the U.S. overtook Russia to become the world’s leading producer.  Crude oil production in the U.S., including lease condensate, averaged a record 13.6 million barrels per day in 2025 – breaking the U.S. and global production records of 13.2 million b/d set in 2024.

Permian Basin accounted for 48 percent of U.S. production in 2025.  EIA said production growth was “particularly strong in the Permian Basin of Texas and New Mexico, which had a 4 percent increase in crude oil production from 6.3 million b/d in 2024 to 6.6 million b/d in 2025.”

In its analysis, U.S. Energy Information Administration reported July 9, “U.S. crude oil production has been buoyed by continued gains in drilling productivity and operational efficiency across key shale basins, which allow operators to extract more oil per well.  The growth in output continued in 2025 despite lower oil prices.”

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