U.S. crude production hit a record high of 13.64 million barrels per day in July, according to U.S. Energy Information Administration.  Major producing states Texas and New Mexico contributed significantly to the new standard.  The U.S. mark was 109,000 barrels above the previous record in June.

Production in Texas rose to 5.8 million barrels per day – the highest since October 2024 – and New Mexico produced a record 2.28 million barrels per day.

EIA also said Tuesday that gross natural gas production in July was a record 121.62 billion cubic feet per day – above the previous high of 120.57 Bcfd in June.  Monthly output in Texas grew 1.4 percent to an all-time high of 37.35 Bcfd.

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