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Your Weekly Update: 8 - 12 April 2019


  • Annual U.S. crude oil production reached a record level of 10.96 million barrels per day (b/d) in 2018, 1.6 million b/d (17%) higher than 2017 levels.
  • Texas's 2018 annual production increase of almost 950,000 b/d—driven by significant growth within the Permian region in western Texas—was nearly 60% of the total U.S. increase.
  • This level was the second-largest state-level growth in 2018 and accounted for 13% of the total U.S. increase, setting a new annual record production level in New Mexico.


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