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Recent Articles

Is Solitude the Next Big Permian Gas Takeaway Test?

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Is Continental’s FireBird Deal Really an Infrastructure Bet?

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Key statistics on oil and gas production in the USA

12/08/2022

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Key-statistics-on-oil-and-gas-production-in-the-USA

2022 is almost over. Full of global uncertainty, it brought a lot of disturbance to the energy markets. It is a good opportunity to say that again and again we are proud of the U.S. energy industry. Despite all odds, this sector has shown remarkable growth in the past years. In the past decade, the industry twice faced dramatic price collapses and successfully navigated between global oversupply and insufficient demand situations. Even the unprecedented pandemic market disruption did not undermine the strengths and perspectives of the U.S. industry players.

As of today, we enjoy historical production at its highest. More than 850 thousand wells are delivering steady production to domestic and foreign customers. More than 14,600 approved permits are soon to start producing. At Rextag, we track and analyze petroleum production data.

Want to see how Rextag’s Energy DataLink works for your team? Click Free Trial to get started, and one of our specialists will walk you through key datasets and workflows.

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