America reaches a landmark oil production level

Oil production is at its highest volume in the US since 1986, with previous production highs set in the 1970s set to be knocked off before the end of next year.

US EIA

Crude oil and lease condensate production in the United States exceeded 8.6 million barrels per day in August, a production volume not observed since July 1986, according to EIA's latest Petroleum Supply Monthly.

More than half of total US production was accounted for by record production from three basins in three states. Production from the Permian Basin in Texas and New Mexico accounted for 1.66 million bbl/d, while the Eagle Ford Shale in the Western Gulf Basin, also located in Texas, produced 1.57 million bbl/d. The Bakken Shale in North Dakota's Williston Basin accounted for 1.13 million bbl/d.

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