Annual average US crude oil production reached 9.3 million barrels per day in 2017. EIA projects that U.S. crude oil production will continue to grow in 2018 and 2019, averaging 10.7 million b/d and 11.3 million b/d, respectively.
U.S. crude oil production has increased significantly over the past 10 years, mainly because of production from tight rock formations using horizontal drilling and hydraulic fracturing.
Texas still produces more crude oil than any other state or region of the US. Texas crude oil production averaged 3.5 million b/d in 2017 and reached a record high of 3.95 million b/d in December 2017. Texas’s 2017 annual production increase by almost 300,000 b/d, was more than all other states and the Gulf of Mexico combined.
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New Mexico surpassed California and Alaska to become the third-largest crude oil-producing state in the second half of 2017, although it produced less than those states on an annual average basis.
In the Gulf of Mexico, new projects that started in 2016, increased production in 2017, which, along with two other projects that began in 2017, contributed to 51,000 b/d of annual growth to reach the highest annual average crude oil production from the Gulf of Mexico.
