
U.S. crude oil and natural gas production increased in 2017, with fewer wells
The total number of wells producing crude oil and natural gas in the United States fell to 991,000 in 2017, down from a peak of 1,039,000...

U.S. oil and natural gas proved reserves declined in 2015 because of lower prices
U.S. crude oil proved reserves declined 4.7 billion barrels (11.8%) from their year-end 2014 levels to 35.2 billion barrels at year-end...

EIA projects rise in U.S. crude oil and other liquid fuels production beyond 2017
The U.S. Energy Information Administration projects that U.S. petroleum and other liquid fuels production, which in addition to crude oil...

EIA Projects 48% Increase in World Energy Consumption by 2040
The U.S. Energy Information Administration's recently released International Energy Outlook 2016 (IEO2016) projects that world energy...