EIA reports that US oil production fell by the most in September since January.
The U.S. Energy Information Administration's (EIA) data showed that the crude oil production in the United States fell by 157,000 barrels a day (bpd), month-over-month, to 13,20 million bpd during September. This was the biggest decline since January.
As Hurricane Francine, and Hurricane Helene made landfall in the Gulf of Mexico in September, many oil and gas facilities were forced to close for extended periods of time.
EIA data released on Friday showed that output from the U.S. Gulf of Mexico offshore fell by 12% in September, to 1,58 million bpd. This is the lowest level in three years.
Texas, the top oil producing state in the US, saw its output rise to 5.81 millions bpd. This is a slight increase over the record-breaking 5.80 million bpd of the previous month.
New Mexico's oil production fell by 0.2% in September to 2,09 million bpd.
The EIA data revealed that the gross natural gas production of the Lower 48 States in the United States fell for a second consecutive month, to 114.9 billion cubic feet per day (bcfd).
According to data, the top-producing gas states are Texas and Pennsylvania. Monthly output in Texas fell 0.5%, to 35.83 Bcfd. Production in Pennsylvania dropped 1.6%, to 19.71 Bcfd. Shariq Khan, New York, and Diane Craft edited the story.
(source: Reuters)
