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ND 2024 Onshore_Fig1

Left: US Lower 48 crude oil production is expected to see a slight increase from this year to next, moving from 13.23 million bbl/day in 2024 to 13.69 million bbl/day in 2025, according to Spears and Associates.
Right: Gas production in the US Lower 48 will also see a slight increase, although growth will be limited with gas prices remaining relatively muted.

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