Oil and Gas Production by State: Top 5

In this article, we are going to discuss the Top 5 Oil and Gas Producing States. If you want to check out our detailed analysis of the global oil and gas market, the use of AI in the oil and gas industry, and oil majors going green, head to Top 15 Oil and Gas Producing States.

5. Alaska

Total Crude Oil Production in 2022: 159.611 million bbls

Total Natural Dry Gas Production in 2022: 351,011 mmcf

The oil and gas industry supports nearly 70,000 jobs in Alaska – a figure that could grow even further as the industry expects to invest another $14 billion in various projects in the next five years. 

However, in September, the White House scrapped controversial oil leases in an Alaskan wildlife reserve that were awarded in the final days of the Trump administration as part of a broad effort to clamp down on Arctic drilling. Their cancellation comes as President Joe Biden’s administration looks to burnish its environmental credentials in the face of criticism over support for fossil fuel projects.

Alaska is counted among the Top 5 Oil Producing States.