February 2023
Special Focus: 2023 Forecast & Review
U.S. oil and gas production: U.S. oil and natural gas production both rise
Drilling activity increased 51.3% on an average yearly basis, driving U.S. crude production up to 11.9 MMbopd in 2022, a 6.4% increase compared to the 11.2 MMbopd averaged during 2021.