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Louisiana crude oil and natural gas production both saw year-over-year dips in October, according to newly released data from the Energy Information Administration.
Crude oil production stood at 82,000 barrels per day in October, up 10.3% from September but down 10.4% from October 2023. The state’s crude oil production has trended downward for the better part of the past decade.
Natural gas production, meanwhile, stood at 9,079 million cubic feet per day in October, down 1.4% from September and down 22% from October 2023. The state’s natural gas production peaked in February 2023 and has since begun trending downward.
On a national level, crude oil production was at 13,457,000 b/d in October, up 2% from September and up 2.3% from October 2023. Natural gas production was at 125,548 MMcf/d in October, up 1.6% from September and up 0.1% from October 2023.
Texas continues to be the nation’s leading producer of both crude oil (5,855,000 b/d) and natural gas (36,487 MMcf/d).
