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The Permian Basin is the largest petroleum-producing basin in the United States and has produced a cumulative 28.9 billion barrels of oil and 75 trillion cubic feet of gas. In early 2020, over 4 million barrels of oil a day were being pumped from the basin. Eighty percent of estimated reserves are located at less than 10,000 feet (3,000 m) depth.
The Atlantic Seaboard basin in eastern North America drains to the Atlantic Ocean; the Great Lakes-St. Lawrence basin in central and eastern North America drains to the Gulf of St. Lawrence on the Atlantic Ocean or to the Labrador Sea; the Gulf of Mexico basin in the southern United States drains to the Gulf of Mexico, a basin of the Atlantic ...
The first commercially successful oil well drilled in the area was the Norman No. 1 near Neodesha, Kansas, on November 28, 1892. [1] The successes that followed of the Nellie Johnstone No. 1 at Bartlesville, Oklahoma in 1897, Spindletop at Beaumont, Texas in 1901, and Oklahoma's Ida Glenn No. 1 at the Glenn Pool Oil Reserve in 1905, demonstrated the existence of a large oil field in the ...
Top producing oil fields in the United States, 2019* being updated Rank Field State Discovery Year Million Bbl/Day 1 Permian: Texas/New Mexico 1920 4.2 2 Eagle Ford Shale: Texas 2008 1.34 3 Bakken: North Dakota/Montana 1951 1.33 4 Prudhoe Bay Oil Field: Alaska 1967 .791 5 Wattenberg Gas Field: Colorado 1970 .473 6 Shenzi Federal Gulf of Mexico ...
The Illinois Basin has produced more than four billion barrels of petroleum. [6] Major oil production began in 1905, and from 1907 through 1912, the basin was the third-most oil productive area in the United States. Oil production peaked in 1908 at 34 million barrels per year, and declined steadily to 5 million barrels in 1933.
The Delaware Basin is a geologic depositional and structural basin in West Texas and southern New Mexico, famous for holding large oil fields and for a fossilized reef exposed at the surface. Guadalupe Mountains National Park and Carlsbad Caverns National Park protect part of the basin.
The United States maintains a Strategic Petroleum Reserve at four sites on the Gulf of Mexico, with a total capacity of 727 million barrels (115.6 × 10 ^ 6 m 3) of crude oil. The maximum total withdrawal capability from the United States Strategic Petroleum Reserve is 4.4 million barrels (700,000 m 3) per day. This is roughly 32% of US oil ...
The term "United States," when used in the geographic sense, refers to the contiguous United States (sometimes referred to as the Lower 48, including the District of Columbia not as a state), Alaska, Hawaii, the five insular territories of Puerto Rico, Northern Mariana Islands, U.S. Virgin Islands, Guam, American Samoa, and minor outlying possessions. [1]