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Amid energy upheaval, Louisiana’s oil and gas production is trending upward

by admin
July 9, 2022
0

Louisiana’s production of crude oil and natural gas has inched upward in recent months, putting it among the top states for month-to-month gains.

The state’s producers extracted an average of 103,000 barrels of oil per day in April, up 4.3% from a 99,000 barrel-per-day average in March, according to data released Friday by the U.S. Energy Information Administration. The April figures are the latest statistics available.

The 4.3% gain was the second highest among all states, trailing Ohio’s 21.4% boost. Crude oil output in federal waters in the Gulf of Mexico also went up by 4.3%.

Five other states saw gains from March to April: New Mexico (2.7%), Oklahoma (2.1%), Wyoming (1.3%), Texas (0.7%) and Alaska (0.5%).

In terms of total output, Louisiana’s 103,000 barrel-per-day figure in April ranked 10th among oil-producing states. Texas easily led the pack with more than 5 million barrels per day. The Gulf of Mexico pumped out 1.76 million barrels daily.

As a whole, the U.S. averaged 11.63 million barrels per day in April, down slightly from 11.68 million in March.

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