In 2023, U.S. oil and gas production hit 12.93 MMbopd, defying a 4.6% drilling dip. Greg’s Insights highlight industry resilience and efficiency.
US Oil and Natural Gas Industry Hit Unprecedented Heights in 2023
by Greg Hillman | Mar 4, 2024 | United States, Crude, Energy, Energy Information Administration, Europe, North Dakota Oil Boom, Oklahoma Oil Boom, OPEC, Production, Resiliency | Appalachia region, Bakken, Colorado's green initiatives, crude production, Eagle Ford plays, Energy Information Administration, Greg's Insights, Henry Hub, Kansas, Middle East, New Mexico, North Dakota, Ohio, OPEC+ production cuts, Permian Basin, SCOOP and STACK plays, Texas, U.S. oil production, Ukraine, WTI crude prices
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