According to U.S. Energy Information Administration (EIA) report, the oil and natural gas production in the United States grew by 16% and 12% respectively during the last year, setting new historical records.

Crude oil and gas condensate have accounted for 80% in the last year’s production structure.

According to Energyland, crude oil production in the United States set a new record last year reaching nearly 11.0 million barrels per day. Moreover, most of the growth in oil production in the United States was provided by the Permian basin in western Texas and eastern New Mexico.