US Energy Information Administration (EIA)

The US Energy Information Administration (EIA) collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking, efficient markets and public understanding of energy and its interaction with the economy and the environment.

News

But latest EIA projection sees natural gas production declining in 2025-2026.
June 9, 2025
Agency forecasts that the GoM will contribute about 14% of US oil production in 2024 and 2025.
Sept. 28, 2024

Articles

Photo 198284049 © Michal Bednarek | Dreamstime.com
Offshore Drilling
US Gulf oil production was almost 2 MMbbl/d in July, according to the most recent data available.
Oct. 17, 2023
Fields expected to come online this year include Mad Dog 2, Vito, Lobster, Dome Patrol, Olympus, Taggart, and Kings Quay.
June 23, 2022
Renewable energy will be the fastest-growing energy source, but petroleum will have the largest share of energy consumption.
March 21, 2022
ID 120426320 © Artem Egorov | Dreamstime.com
Oil Barrels Dreamstime M 120426320
Agency says that decline represents ‘largest decrease on record.’
Dec. 30, 2021
Federal Gulf of Mexico output declined by nearly 17% over the summer, agency says.
Oct. 31, 2021
(Source: US Energy Information Administration, Short-Term Energy Outlook)
Eia414
By the end of 2022, 13 new projects could account for about 12% of total GOM crude oil production, according to the US Energy Information Administration.
April 14, 2021
Crude oil production in the US federal Gulf of Mexico averaged 1.8 MMb/d in 2018, setting a new annual record, according to the Energy Information Administration.
Oct. 16, 2019
The US Energy Information Administration has warned in its most recent Short-Term Energy Outlook that possible supply growth expected in 2018 could contribute to weaker oil prices...
June 8, 2017
The US remained the world’s top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year, according to the US Energy Information Administration.
June 7, 2017
Oil production in the US Gulf of Mexico is expected to continue increasing on an annual basis through 2018, according to the US Energy Information Administration.
April 12, 2017

Additional content from US Energy Information Administration (EIA)

Average crude oil production in the Lower 48 states fell to 8.39 MMb/d in 2016, according to a new report from the US Energy Information Administration.
March 10, 2017
The US Energy Information Administration has determined the annual average WTI crude price in 2016 was $43/bbl.
Jan. 4, 2017
Global offshore oil production in 2015 was at the highest level since 2010, and accounted for nearly 30% of total global crude oil production, according to the US Energy Information...
Oct. 25, 2016
Crude oil price volatility has declined since its peak in March, according to the US Energy Information Administration.
May 10, 2016
After many years of decline, production of petroleum and other liquids in the UK increased by about 100,000 b/d in 2015, according to the US Energy Information Administration....
March 29, 2016
In its most recent “Short-Term Energy Outlook,” the US Energy Information Administration forecasts Brent crude oil prices will average $40/bbl in 2016 and $50/bbl in 2017.
Jan. 13, 2016
Crude oil prices ended 2015 below $40/bbl, the lowest level since early 2009, according to the US Energy Information Administration’s “Today in Energy” brief dated Jan. 6, 2016...
Jan. 6, 2016
In 2Q 2015, there were larger amounts of oil company mergers and acquisitions by value since 4Q 2012, the US Energy Information Administration said.
July 23, 2015
The US Energy Information Administration says that the surge in the country's crude oil and natural gas production in recent years means that there should be less interruptions...
June 12, 2014
Worldwide energy consumption is projected to grow 59% over the next two decades, the US Energy Information Administration said in a study Wednesday. It predicted oil prices will...
March 29, 2001