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1. www.worldoil.com › news › 2023/8/1Texas crude production sets new record as U.S. demand climbs ...

   www.worldoil.com › news › 2023/8/1

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   Aug 1, 2023 · The rise in production in Texas, which makes up a large chunk of the prolific Permian basin, is coming at a time when global supplies are in deficit following cuts from Saudi Arabia and its OPEC...

2. www.bloomberg.com › news › articlesTexas Crude Output Hits Record 5.49 Million Barrels a Day ...

   www.bloomberg.com › news › articles

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   Jul 31, 2023 · Texas Crude Output Sets Fresh Record as US Oil Demand Also Peaks. Oil consumption surged to 20.8 million barrels per day in May; Oil majors pump record volumes of crude in Permian Basin

   • Video Duration: 2 min

3. www.eia.gov › todayinenergy › detailUnited States produces more crude oil than any country, ever

   www.eia.gov › todayinenergy › detail

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   Mar 11, 2024 · The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate , averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in ...

4. Videos

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     Report: Oil prices expected to rise in 2023

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     How U.S. oil production reached an all-time high in 2023

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     We are just about at peak oil demand right now, portfolio manager says

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5. thetexan.news › issues › energyTexas Oil and Gas Industry Set New Production, Export Records ...

   thetexan.news › issues › energy

   Jan 31, 2024 · Texas’ oil and gas industry continued to one-up itself in 2023, setting new records for production, exports, taxes paid, and more, according to a new report.

6. www.npr.org › 2023/06/09 › 1179415899America is going through an oil boom — and this time it's ...

   www.npr.org › 2023/06/09 › 1179415899

   Jun 9, 2023 · MIDLAND, Texas — America's oil industry is booming — in a surprising way. It doesn't look much like the booms of the past, when companies would scramble to pump as much oil as possible and the...

   • Author: Camila Domonoske

7. energynow.com › 2023 › 08Texas Crude Output Sets Fresh Record as U.S. Oil Demand Also ...

   energynow.com › 2023 › 08

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   Aug 2, 2023 · As oil majors ramp up operations in the US, output from Texas is likely to grow further. Oil and gas production from Exxon’s Permian wells reached a record equivalent of 622,000 barrels during the April-to-June period and is on track to increase 10% this year.

8. People also ask

   How much crude oil is produced per day in 2023?

   • Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in 2019. Average monthly U.S. crude oil production established a monthly record high in December 2023 at more than 13.3 million b/d.

   United States produces more crude oil than any country, ever

   www.eia.gov/todayinenergy/detail.php?id=61545

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   Will oil production grow further from Texas?

   • As oil majors ramp up operations in the US, output from Texas is likely to grow further. Oil and gas production from Exxon’s Permian wells reached a record equivalent of 622,000 barrels during the April-to-June period and is on track to increase 10% this year.

   Texas Crude Output Sets Fresh Record as US Oil Demand Also Peaks

   www.bloomberg.com/news/articles/2023-07-31/texas-crude-output-sets-fresh-record-as-us-oil-demand-also-peaks

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   Will US crude oil production record be broken in 2023?

   • The crude oil production record in the United States in 2023 is unlikely to be broken in any other country in the near term because no other country has reached production capacity of 13.0 million b/d. Saudi Arabia’s state-owned Saudi Aramco recently scrapped plans to increase production capacity to 13.0 million b/d by 2027.

   United States produces more crude oil than any country, ever

   www.eia.gov/todayinenergy/detail.php?id=61545

   See all results for this question

   How much oil does Texas produce a day?

   • Crude output in Texas surged to a record in May just as US demand climbed to a fresh seasonal peak. Texas production, which accounts for about 40% of the nation’s crude oil output, climbed to 5.49 million barrels a day in the period, the highest in monthly government data going back to 1981.

   Texas Crude Output Sets Fresh Record as US Oil Demand Also Peaks

   www.bloomberg.com/news/articles/2023-07-31/texas-crude-output-sets-fresh-record-as-us-oil-demand-also-peaks

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   How much crude oil does the United States produce a day?

   • The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in 2019.

   United States produces more crude oil than any country, ever

   www.eia.gov/todayinenergy/detail.php?id=61545

   See all results for this question

   Why did oil demand rise 4% a day?

   • The monthly oil demand figures are 4% higher than what the EIA’s weekly estimates showed. The jump was led by an increase in the country’s use of natural gas liquids, largely for petrochemical processes that make plastics. Demand for ethane in particular soared to a record high at 2.2 million barrels a day.

   Texas Crude Output Sets Fresh Record as US Oil Demand Also Peaks

   www.bloomberg.com/news/articles/2023-07-31/texas-crude-output-sets-fresh-record-as-us-oil-demand-also-peaks

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9. www.txoga.org › txoga-analysis-finds-texasTXOGA Analysis Finds Texas Production of Oil and Natural Gas ...

   www.txoga.org › txoga-analysis-finds-texas

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   Sep 22, 2023 · TXOGA estimates that Texas set new production records in August 2023, with Texas’ crude oil production rising to 43.2% of oil production in the U.S. and 28.5% of natural gas marketed production.