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Posted June 6, 2025

Gulf of America oil and natural gas production expected to remain stable through 2026 ›

federal offshore gulf of america production

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), May 2025

We forecast crude oil production in the Federal Offshore Gulf of America (GOA) will average 1.80 million barrels per day (b/d) in 2025 and 1.81 million b/d in 2026, compared with 1.77 million b/d in 2024, in our most recent Short-Term Energy Outlook (STEO). We expect GOA natural gas production to average 1.72 billion cubic feet per day (Bcf/d) in 2025 and 1.64 Bcf/d in 2026, compared with 1.79 Bcf/d in 2024. At these volumes, the GOA is forecast to contribute about 13% of U.S. crude oil production and 1% of U.S. marketed natural gas production in 2025 and 2026.

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Previously in Today in Energy

Data Highlights

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  • 14.9
  • %


  • 2.1%
    from year earlier
  • 6/4/2025
  • Daily electric power demand
  • 11907
  • GWh


  • 0.9%
    from year earlier
  • $3.00
  • /million Btu
  • $0.072 /million Btu
    from week earlier
  • $0.448 /million Btu
    from year earlier
  • $64.32
  • /barrel
  • $1.09 /barrel
    from week earlier
  • $15.09 /barrel
    from year earlier

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