Rystad Energy estimates U.S. annual oil production (crude oil plus lease condensate) to peak at 9.7 MMbpd by September 2015, assuming WTI stays at $55 /bbl on average for the year. The average production for 2015 estimated at 9.65 MMbpd could be an all-time high after its peak in 1970 with 9.64 MMbpd as yearly average. More »
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