Crude Oil Production in the United States decreased to 11683 BBL/D/1K in February from 11871 BBL/D/1K in January of 2019. Crude Oil Production in the United States averaged 7441.27 BBL/D/1K from 1950 until 2019, reaching an all time high of 11900 BBL/D/1K in November of 2018 and a record low of 3971 BBL/D/1K in September of 2008.
Crude Oil Production in the United States is expected to be 12730.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in the United States to stand at 12900.00 in 12 months time. In the long-term, the United States Crude Oil Production is projected to trend around 12500.00 BBL/D/1K in 2020, according to our econometric models.