OREANDA-NEWS. A new crude production data collection method implemented by the US Energy Information Administration (EIA) has revised upward Oklahoma's monthly crude production from January to October 2015 by about 28pc.

Production in Oklahoma averaged about 440,000 b/d during that period, the agency said, up from an average of about 345,000 b/d under the old method. The percent changes were different each month, but all were increases.

The revised figures are part of a new methodology the agency first used on 31 August because crude production data from state agencies was often incomplete or lagging. The new method includes a direct survey of oil producers in 15 states, including Texas, Louisiana, North Dakota and New Mexico.

The revised Oklahoma figures were delayed until the most recent production report on 31 December because the EIA was completing a review of information from the state.

The uptick in Oklahoma output further showcases resilient US production despite a sharp drop in rig counts. The US rig count fell by 2 to 698 last week, a new 16-year low, oilfield services provider Baker Hughes said.

US crude output was down by 1.2pc in October compared to the previous month, the EIA said. Production in Oklahoma was nearly flat at 419,000 b/d.