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U.S. Oil Production Slightly Increases in February

Updated crude and condensate (C+C) production figures for various U.S. states are sourced from the EIA's PSM, ensuring data access up to February 2025.

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U.S. Oil Production Slightly Increases in February

Rewritten Article:

*A guest post by Ovi

Keep your eyes peeled for the latest intel on U.S. Crude plus Condensate (C + C) production! This juicy data is unveiled in the EIA's Petroleum Supply Monthly (PSM) report—a goldmine of up-to-the-minute stats, updated as recently as February 2025.

Now, let's dive right in! Here are some tantalizing highlights:

Texas and New Mexico led the pack, pushing production up by a spritely 29 kb/d, landing at a total of 13,159 kb/d. Though, it's worth noting that this figure is a bit lower (by 149 kb/d) than the high rolls hit back in December 2023, when U.S. production reached a zesty 13,308 kb/d.

Looking forward, it's a mixed bag for future production levels. According to the projections, output is expected to dip slightly over the next year or so, with the lowest point expected to be in December 2026. By that time, U.S. production is predicted to have dropped to 13,503 kb/d, marking a decline of 44 kb/d from the peak expected in early 2025.

For a broader perspective, the EIA's Short Term Energy Outlook (STEO) estimates that U.S. crude oil production will average a substantial 13.51 million barrels per day in 2025 and 13.56 million barrels per day in 2026[3]. Yet, some bits of analysis argue that these forecasts could be slightly on the rosy side compared to the actual production trends seen so far[5].

So, stay tuned, energy enthusiasts! Keep your fingers crossed as we navigate this thrilling rollercoaster ride of U.S. Crude plus Condensate production.

  1. The Energy Information Administration's (EIA) Petroleum Supply Monthly (PSM) report, updated as recently as February 2025, provides the latest data on U.S. Crude plus Condensate (C + C) production, including state-level breakdowns.
  2. The U.S. oil-and-gas industry's focus on petroleum, specifically crude oil and condensate, is evident in the significant role these resources play in state finances and the national energy sector.
  3. Chart analysis of U.S. Crude plus Condensate (C + C) production Over the past decade reveals that Texas and New Mexico have consistently been the top contributors, with a combined production of 13,159 kb/d in February 2025.
  4. Investment in and strategic planning for the oil-and-gas industry, driven by trends in U.S. crude oil and condensate production, can have a substantial impact on the nation's energy supply and the broader finance industry.
US Crude and Condensate (Oil) Production Data from State Charts is derived from the EIA's PSM, which supplies up-to-date information up until February 2025.

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