New EIA Data Revise Oklahoma's Oil Production Up By 100,000 Barrels Per Day

EIA’s Petroleum Supply Monthly, published on January 30, includes crude oil production estimates for Oklahoma based on EIA monthly survey data. The new estimates are roughly 100,000 barrels per day more than those generated by the previous EIA methodology, which was informed by state-reported data.

Source: U.S. Energy Information Administration, EIA-914

The recently expanded EIA-914 survey collects oil production data from the largest oil producers in 15 states (including Oklahoma), the federal Gulf of Mexico, and the remaining states as a group. Estimates based on the expanded EIA-914 survey, which had previously been implemented for other states, replaces an earlier methodology that relied on...