Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » US oil output falls in May for the first time since January, EIA says

    US oil output falls in May for the first time since January, EIA says

    August 1, 2024
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Crude oil barrels

    New York — U.S. crude oil production fell in May in its first monthly decline since January, while fell natural gas output decreased to its lowest since February 2023, data from the U.S. Energy Information Administration showed on Wednesday.

    Crude oil production fell by 61,000 barrels per day (bpd) to 13.18 million bpd in May, as lower output from the Federal Offshore Gulf of Mexico and North Dakota offset record production in Texas and New Mexico, the EIA said.
    Gross natural gas production in the U.S. Lower 48 states fell for a third month in a row in May to 113.8 billion cubic feet per day (bcfd), according to EIA’s monthly 914 production report.
    That was the first time gas output fell for three months in a row since October 2020 and compares with a monthly record high of 118.2 bcfd in December 2023.
    In top gas-producing states, monthly output in May rose to a record high of 35.1 bcfd in Texas and a three-month high of 19.5 bcfd in Pennsylvania.
    That compares with a monthly record high of 21.9 bcfd in Pennsylvania in December 2021.
    Reporting by Shariq Khan and Scott DiSavino in New York; Editing by Mark Porter and Marguerita Choy – Reuters

    Related News

    Oil prices steady as investors weigh trade war impact

    Ex-Pioneer CEO cannot challenge order barring him from Exxon board, FTC says

    China’s June oil throughput surges as state-owned refineries ramp up operations

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Oil prices steady as investors weigh trade war impact

    July 16, 2025

    NNPC Ltd unveils $3.5bn gas investment in Akwa Ibom

    July 16, 2025

    Ex-Pioneer CEO cannot challenge order barring him from Exxon board, FTC says

    July 16, 2025

    Google inks $3bn US hydropower deal in largest clean energy agreement of its kind

    July 16, 2025

    ‘Germany’s wind power expansion picks up, but targets still missed’

    July 16, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.