US oil output fell in Sept by the most since Jan, EIA says

December 3, 2024

U.S. crude oil output fell by 157,000 barrels per day (bpd) month-over-month to 13.20 million bpd in September, the largest decline since January, data from the U.S. Energy Information Administration (EIA) showed on Friday.

The decline comes as a number of oil and gas production facilities in the U.S. Gulf of Mexico faced prolonged closures in September as Hurricane Francine and Hurricane Helene churned through the region before making landfall.

Output from the U.S. offshore Gulf of Mexico fell 12% month-over-month in September to 1.58 million bpd, the lowest in three years, EIA data showed on Friday.

In Texas, the country’s top oil-producing state, output rose slightly to 5.81 million bpd, surpassing the previous month’s record high of 5.80 million bpd.

New Mexico oil output fell 0.2% to 2.09 million bpd in September.

Gross natural gas production in the U.S. Lower 48 states fell for the second consecutive month to 114.9 billion cubic feet per day (bcfd), the EIA data showed.

In top gas-producing states, monthly output in Texas eased 0.5% to 35.83 bcfd and production in Pennsylvania fell by 1.6% to 19.71 bcfd, according to the data.

Source: Reuters reported by Shariq Khan in New York edited by Diane Craft

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