Washington, July 13 (ANI): The United States recorded its highest-ever crude oil production in 2025 and is expected to increase output further over the next two years, according to the U.S. Energy Information Administration (EIA).
The EIA said U.S. crude oil production, including lease condensate, averaged a record 13.6 million barrels per day (bpd) in 2025, surpassing the previous U.S. and global record of 13.2 million bpd set in 2024.
“Crude oil production in the United States, including lease condensate, averaged a record-high 13.6 million barrels per day (b/d) in 2025, breaking the previous U.S. and global production record of 13.2 million b/d set in 2024,” the EIA said in its report.
The report said the United States remained the world’s largest crude oil producer in 2025, extending a streak that began in 2018 when it overtook Russia.
According to the EIA, U.S. crude oil production averaged about 40% higher than that of the next two largest producers, Russia and Saudi Arabia.
The report attributed the production growth to continued improvements in drilling productivity and operational efficiency across major shale basins, enabling operators to extract more oil from each well.
Production continued to increase despite lower oil prices. The average price of West Texas Intermediate (WTI) crude oil fell from $77 per barrel in 2024 to $65 per barrel in 2025 amid a global oversupply, the report said.
The Permian Basin in Texas and New Mexico remained the primary driver of U.S. production growth. Output from the basin increased 4%, rising from 6.3 million bpd in 2024 to 6.6 million bpd in 2025. The basin accounted for about 48% of total U.S. crude oil production during the year.
The EIA noted that shale oil and gas development has transformed U.S. crude oil production since 2008, reversing a decades-long decline. It said the shale boom has made the United States not only the world’s largest crude oil producer but also the largest crude oil producer in history.
The report said the production gap between the United States and other major producers widened further in 2025.
Saudi Arabia’s crude oil production, including lease condensate, increased from 9.2 million bpd in 2024 to 9.6 million bpd in 2025 as OPEC+ gradually unwound voluntary production cuts.
Russia’s crude oil production averaged 9.9 million bpd in 2024 and remained largely unchanged in 2025, as voluntary production cuts and the effects of the war in Ukraine limited output growth.
Looking ahead, the EIA forecasts U.S. crude oil production will remain near 13.7 million bpd in 2026 before increasing to 14.2 million bpd in 2027.
The agency expects production growth to be supported by higher oil prices and continued improvements in shale well productivity. It projects WTI crude oil prices to rise by $22 per barrel to $88 per barrel in 2026.
The report also said that U.S. associated natural gas production has continued to grow alongside rising crude oil output, driven by increased activity in oil-rich regions such as the Permian Basin. (ANI)
