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Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government

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WTI remains stuck on the low end as US Crude Oil production hits all-time high

West Texas Intermediate (WTI) Crude Oil continues to get pushed into recent lows as barrel bids struggle to find the floor on bearish price pressures.

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New Mexico Is Driving Permian Oil Production Growth

Despite slowing output growth, the new Mexico part of the Permian is crucial to the development of the super basin

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The U S Holds Its First Oil And Gas Lease Sale Since IRA Was Passed

On Thursday, the U.S. is holding its first lease sales for oil and gas drilling rights since the Inflation Reduction Act came into effect.

United statesCheyenne countyNew mexicoMichael kernBureau of land managementUs department of theEnergy information administrationMonthly crude oilBureau of ocean energy managementInflation reduction actOcean energy managementLand managementCrude oilNatural gas productionCrude oilNatural gas

New Mexico accounted for 50% of U S oil production growth in 2022

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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