RSS feed source: US Energy Information Administration
In-brief analysis
November 5, 2025
Data source: Enverus
Note: Well vintage is the year a well first begins producing crude oil or natural gas
As U.S. crude oil and natural gas production have increased, so has the volume of production declines from existing wells. To offset the increasing declines, operators today must bring on new wells to sustain or increase production levels.
Between 2010 and 2024, hydrocarbon production from new wells in the Lower 48 states (L48) generally offset and exceeded declining production from existing wells. Because production from oil and natural gas wells declines over time as reservoir pressure decreases, new wells are required to maintain the same production level. The increasing number of horizontal wells has contributed to this trend because horizontal wells exhibit higher decline rates than vertical wells.
Crude oil production
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