U.S. Onshore Oil Production Soars to Record Highs

US oil production on federal lands reaches record high. Will it last?

Crude oil production on federal lands in the US is at a record high, increasing sixfold over the past 15 years, according to a new report from the US Energy Information Administration (EIA).  The production follows a broader trend seen in total US oil production — including onshore and offshore federal lands as well as private lands —  which has tripled over the same time period.  Monday’s report showed oil generated from federal lands reached 1…

U.S. Onshore Oil Production Soars to Record Highs

U.S. crude oil production from onshore federal lands hit a record 1.7 million barrels per day (bpd) in 2024, according to the EIA and the Department of the Interior. That’s a sixfold jump since 2008—far outpacing the broader rise in national crude output, which nearly tripled to 13.2 million bpd over the same period. The driver? An explosion of activity in New Mexico’s portion of the Permian Basin, where leasing, permitting, and drilling have su…

United States: Record onshore oil production on federal lands. Here's where and why. - Economic Scenarios

According to the EIA and the Department of the Interior, U.S. crude oil production from onshore federal lands reached a record 1.7 million barrels per day

U.S. onshore oil production soars to record highs – Oil & Gas 360

(Oil Price)– U.S. crude oil production from onshore federal lands hit a record 1.7 million barrels per day (bpd) in 2024, according to the EIA and the Department of the Interior. That’s a sixfold jump since 2008—far outpacing the broader rise in national crude output, which nearly tripled to 13.2 million bpd over the same period. The driver? An explosion of activity in New Mexico’s portion of the Permian Basin, where leasing, permitting, and dril

Technical Scoop: Falling Records, Precious Waffle, Oil Languish

Technical Scoop: Falling Records, Precious Waffle, Oil Languish It all helped the US$ Index rise and lessened the need for safe havens such as gold. Silver was flat while platinum fell 1.3%. David Chapman Mon, 07/28/2025