American oil companies produced 13.6 million barrels of oil daily last year, once again breaking their own record, according to a report by the Energy Information Administration. Almost half — 6.6 million barrels a day — came from the Permian Basin, the vast stretch of oil-rich deposits spanning tens of thousands of square miles between western Texas and southeastern New Mexico.

Oil companies accomplished the record with a fraction of available drilling rigs, which the industry historically relied on to search for, find and lift fossil fuels from the ground. The EIA, in its report, said fewer rigs could lead to a 2% drop in production in 2027, marking the first time oil could dip since 2021.

geteilt von: https://lemmy.world/post/941882

According to the data gathered on energy-charts.info, the first half of 2023 saw the lowest production of electricity by fossil fuels since 2015. With 387 TWh (31.7% of load) from conventional sources it surpassed the previous low for a first half year of 400.9 TWh (32.1%) in 2020 by nearly 14 TWh or 3.5%.

At the same time renewables provided for more power than ever with 519.3 TWh providing 42.6% of the load.

Other records for a first half year in 2023 (see the bottom of the energy-charts page):

• lowest nuclear power production

• lowest fossil peat production

• lowest load

• highest pumped hydro usage (consumption+production)

• highest offshore wind production (23.922 TWh)

• highest onshore wind production (195.399 TWh)

• highest solar power production (98.698 TWh)

This marks a notable shift towards green energy compared to the first half of 2022: renewables increased from 488.8 TWh in the first half of 2022 to 519.3 TWh in the first half this year, while fossil fuels decreased from 475.3 TWh to 387 TWh.