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    • US Energy Information Administration (EIA)


    COMPANY OVERVIEW

    About 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.

    Contact

    More Info on US Energy Information Administration (EIA)

    Articles & News

    Photo 198284049 © Michal Bednarek | Dreamstime.com
    Offshore Drilling
    Production

    US oil drillers to pivot from shale to offshore projects, EIA reports

    Oct. 17, 2023
    US Gulf oil production was almost 2 MMbbl/d in July, according to the most recent data available.
    Us Eia Gom 2022
    US & Gulf of Mexico

    EIA expects nine new Gulf of Mexico fields to start production this year

    June 23, 2022
    Fields expected to come online this year include Mad Dog 2, Vito, Lobster, Dome Patrol, Olympus, Taggart, and Kings Quay.
    Courtesy EIA
    Eia Projections 2022 03 21 164845
    US & Gulf of Mexico

    EIA projects that oil and gas will remain dominant in the US through 2050

    March 21, 2022
    Renewable energy will be the fastest-growing energy source, but petroleum will have the largest share of energy consumption.
    ID 120426320 © Artem Egorov | Dreamstime.com
    Oil Barrels Dreamstime M 120426320
    US & Gulf of Mexico

    US crude oil production fell by 8% in 2020, says EIA

    Dec. 30, 2021
    Agency says that decline represents ‘largest decrease on record.’
    Us Crude Oil Production Chart
    US & Gulf of Mexico

    EIA report: US crude oil production decreased in August

    Oct. 31, 2021
    Federal Gulf of Mexico output declined by nearly 17% over the summer, agency says.
    (Source: US Energy Information Administration, Short-Term Energy Outlook)
    Eia414
    US & Gulf of Mexico

    Gulf of Mexico oil production set to increase

    April 14, 2021
    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.
    Gom10161
    Production

    Record Gulf of Mexico oil production expected to continue

    Oct. 16, 2019
    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.
    Petroleum and natural gas hydrocarbons production
    Production

    EIA: The top oil and gas producer in 2016, US to ramp up output for 2017

    June 7, 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.
    US Gulf of Mexico oil production
    Drilling & Completion

    EIA expects GoM oil production to keep rising

    April 12, 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.

    All content from US Energy Information Administration (EIA)

    Oil Prices

    Latest EIA reports show prices up while supply uncertainty still looms

    March 10, 2017
    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.
    Content Dam Os En Articles 2017 01 Despite Uptick 2016 Oil Prices Still Less Than 2015 Average Says Eia Leftcolumn Article Thumbnailimage File
    Production

    Despite uptick, 2016 oil prices still less than 2015 averages, says EIA

    Jan. 4, 2017
    The US Energy Information Administration has determined the annual average WTI crude price in 2016 was $43/bbl.
    Global offshore crude oil production
    Production

    EIA: Offshore crude oil production hit five-year high in 2015

    Oct. 25, 2016
    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...
    Content Dam Os En Articles 2016 05 Crude Volatility Decreases As Prices Rise From 1q 2016 Levels Says Eia Leftcolumn Article Footerimage File
    Production

    Crude volatility decreases as prices rise from 1Q 2016 levels, says EIA

    May 10, 2016
    Crude oil price volatility has declined since its peak in March, according to the US Energy Information Administration.
    Content Dam Os En Articles 2016 03 Uk Oil And Gas Production Increases While Field Development Declines Says Us Energy Information Administration Leftcolumn Article Footerimage File
    Production

    UK production increases while field development declines, says EIA

    March 29, 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....
    US Energy Information Administration's Global production and consumption of of crude oil and other liquids
    Production

    Oil prices to remain relatively low through 2017, says EIA

    Jan. 13, 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.
    Content Dam Os En Articles 2016 01 Eia Report Examines Oil Price Trends In 2015 Leftcolumn Article Footerimage File
    Production

    EIA report examines oil price trends in 2015

    Jan. 6, 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...
    Content Dam Os En Articles 2015 07 M A Count By Eia Shows Value Up Number Of Deals Down Leftcolumn Article Footerimage File
    Business Briefs

    M&A count by EIA shows value up, number of deals down

    July 23, 2015
    In 2Q 2015, there were larger amounts of oil company mergers and acquisitions by value since 4Q 2012, the US Energy Information Administration said.
    Production

    EIA: Energy supplies less vulnerable to hurricane disruption

    June 12, 2014
    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...