Key drivers for EIA's short‐term US crude oil production outlook
Key drivers for EIA's short‐term US crude oil production outlook
Key drivers for EIA's short‐term US crude oil production outlook
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Figure 6. Federal GOM: deepwater field start‐ups and total <strong>oil</strong> <strong>production</strong><br />
Source: U.S. Energy In<strong>for</strong>mation Administration, Bureau of Ocean Energy Management (BOEM), industry reporting.<br />
Alaska<br />
EIA estimated that Alaska <strong>oil</strong> <strong>production</strong> was 526,000 bbl/d in 2012. With the exception of the initiation<br />
of <strong>production</strong> at the Point Thomson condensate field in 2014 at 10,000 bbl/d, no new <strong>oil</strong> projects are<br />
expected to begin operations in 2013 and 2014. Overall, Alaska <strong>oil</strong> <strong>production</strong> is projected to decline in<br />
both 2013 and 2014, with continuing declines in <strong>production</strong> from existing wells. EIA projects that<br />
<strong>production</strong> will average 504,000 bbl/d in 2013 and 474,000 bbl/d in 2014.<br />
U.S. Energy In<strong>for</strong>mation Administration | STEO Supplement: U.S. Crude Oil Production Outlook 15
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