Clearly, Osama bin Laden has not been having an effect on world crude production.
On Wednesday, crude production was launched at Iraq's giant Halfaya field, the latest development to bolster the country's export potential.
While conventional crude production volumes in the Gulf may rise, these are expected by the EIA to offset declines elsewhere (Alaska).
Federal offshore drilling in the Gulf produced about 1.15 million bpd of oil in 2008, about one-third of total domestic crude production.
The company that operates the Trans Alaska Pipeline told operators on the North Slope to cut crude production by 95%, after discovering an oil leak.
TNK-BP is important to BP financially as it accounts for almost a third of the London-based oil firm's total crude production and about 10% of its net income.
But the new technology and high prices have unlocked resources which are still quite large and which could lead to a 25% increase in US crude production within the decade.
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On the more parochial domestic front, the U.S. Gulf of Mexico provides (well, it did last year) one-third of total U.S. crude production and nearly all of that (80 percent) comes from deep water fields.
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The Gulf of Mexico has become an important deepwater exploration and production region and it now contributes to 27% of the total crude oil production in the U.S. BP owns the largest acreages in the Gulf and plans to resume drilling in the region to prop up its declining crude production.
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The company plans to boost its production by 200, 000 barrels per day, helping it achieve its goal of raising crude oil production capacity to 550, 000 bpd in 2012, the firm said.
While total crude oil production rose by 1%, Shell said that gas production had fallen 6%.
Yes indeed, thanks to fracking, crude oil production in the United States is surging.
Crude oil production accounted for more than three-fourths of Exxon's profit during the quarter.
The OPEC meeting was also a surprise, as they failed to agree on officially raising crude-production levels.
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In those days crude oil production was rising as fast as new oil fields could be found.
In February, world crude steel production declined by nearly 5% to 123.3 million tonnes, according to the World Steel Association.
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Rising crude oil production in Texas and North Dakota has contributed to a reversal of the long-term US production decline.
This is the highest level of crude oil production in 20 years.
World crude oil production has in some cases already peaked (sweet, light) while others (heavy, sour) it has yet to be will soon.
As a result, U.S. crude oil production was up 150, 000 barrels per day to 5.51 million bpd last year, despite downturns in Alaska and the Gulf of Mexico.
Now add onto that the fact that we have got, for the first time in a generation, growing crude oil production, growing natural gas production, and growing natural-gas liquids production.
The price spread between Brent crude oil, the European benchmark and West Texas Intermediate crude oil, the U.S. benchmark, widened sharply because of the loss of Libyan crude oil production.
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Because of a technology boom, the U.S. Energy Information Administration predicts domestic crude oil production will be 7.1 million barrels a day in 2013 about a 10 percent increase over 2012.
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In its announcement of the proposed rules the department stated that U.S. crude oil production is at its highest level in 8 years, while natural gas production has eclipsed the previous production peak set back in 1973.
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Rail and supporting non-pipeline modes should be capable, as was projected in 2011, of providing the capacity needed to transport all incremental Western Canadian and Bakken crude oil production to markets if there were no additional pipeline projects approved.
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In the last 19 years Gerdau has acquired and built out operations in Argentina, Canada, Chile, Uruguay and, most recently, the U.S. About 40% of the group's 7.2 million metric tons of annual crude steel production capacity is now outside Brazil.
Cairn India's investment and exploration plans will also help raise domestic crude and gas production, which is witnessing a declining trend as most of the country's producing fields are ageing.
We anticipate roughly stable oil production in the coming years for ConocoPhillips, estimating that its crude oil and NGL production will reach 471 million barrels by the end of our forecast period.
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Production of crude oil is down more 70% from its high in the 1980s.
The production is crude, as is the low-quality footage from VHS, but Jobs is captivating.
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