U.S. Crude Output in January Fell to 11.08 Million Barrels per Day

Jessica Resnick-Ault
Thursday, April 1, 2021

U.S. crude oil production fell to 11.08 million barrels per day in January, from a revised 11.101 million bpd in December, according to a monthly report from the Energy Information Administration on Wednesday.

Crude output for January, the latest monthly data available, remained 13.1% lower than year-ago levels, as a price war and demand declines due to the global COVID-19 pandemic weighed upon U.S. producers.

Production declines in North Dakota and the offshore Gulf of Mexico offset gains of 25,000 bpd of production in top onshore producer Texas, according to the report.

Gasoline demand in January was 12.5% below year-ago levels at 7.67 million bpd, a sharper decline than the 12.4% fall seen in December, according to a separate monthly report from the EIA on Thursday. Demand for heating oil, diesel and other distillate fuels was down 1.6% at 3.93 million bpd, compared with a 1.1% decline in December, the agency said.

Meanwhile, natural gas production in the lower 48 increased slightly to 102,847 million cubic feet per day in the month, from 102,714 in the previous month. Output rose in top-producing states, Pennsylvania and Texas.

(Reporting by Jessica Resnick-Ault in New York; Editing by Matthew Lewis and Marguerita Choy)


Categories: Energy Deepwater Industry News Activity Production Gulf of Mexico

Related Stories

Tyra II Gas Development Set to Go Full Steam from Next Week

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

Equinor Brings Norway’s Northernmost Field On Stream (Video)

Current News

Subsea7 Secures Contract Extension for Seven Viking Subsea Vessel

Zenith Energy Wraps Up Well Ops at CEP’s Field off Poland

Abu Dhabi’s Masdar Completes Acquisition of Terna Energy

Tyra II Starts Operating at Full Technical Capacity

Subscribe for OE Digital E‑News