Podcast Episode

Geographic Feature: Alabama

Energy Markets Daily··16 October 2026·2 min

About this episode

Thursday, October 8, 2026. ALABAMA ENERGY OVERVIEW. Rank #16 nationally by BOE. Small but active onshore/offshore oil and natural gas sector. CRUDE OIL: Jun 2026 ~217.5K bbl monthly, May ~233.2K bbl. Wells ~5,073 (Jun), operators ~54. Conecuh County leads ~119.2K bbl (~229K MCF gas). Mobile ~40.1K bbl, Escambia ~23.4K, Clarke ~10.4K. Cumulative Mobile County ~102.6M bbl (1990+), statewide ~357M bbl oil & ~5.5B MCF gas (1990-Jun 2026). Operators: Pruet Production, Hilcorp, Exxon Mobil, ARP Production, PGP Operating, Sklar Exploration, Breitburn. NATURAL GAS: Jun ~5.6M MCF monthly, May ~5.6M MCF. Cumulative leaders Tuscaloosa, Jefferson, Lamar. Underground storage ~33.95 BCF (Jun). OFFSHORE: Baldwin Offshore ~232 bbl oil, ~1.3M MCF gas (37 wells, May). Mobile Offshore ~181 bbl oil, ~1.08M MCF gas. Negligible vs federal GoM. No major Alabama deepwater 2026 highlighted. GULF OF MEXICO CONTEXT: Federal ~1.8M bpd stable/modest growth. Deepwater 94% crude, 80% gas. Shelf declining. New projects Whale/Ballymore/Dover (2025 onstream), Salamanca/Shenandoah expansions add tens-hundreds K bpd. U.S. forecast ~13.8M bpd. GoM ~13% U.S. crude. COASTAL REVENUE: GoMESA grants Mobile/Baldwin exceeded $52M (Aug 2026). NATIONAL SHARE: ~0.07% U.S. crude, ~0.16% natural gas daily. Comparable Michigan/Mississippi. REGULATORY: Alabama Oil & Gas Board. Sep 9 example: Conecuh Barnett Field (Pruet) swabbing/pressure tests. Ongoing Conecuh/Mobile activity. SUMMARY: #16 nationally. Crude ~217.5K bbl (Jun), ~233.2K bbl (May). ~5,073 wells, ~54 operators. Conecuh leads ~119.2K bbl. Cumulative ~357M bbl, ~5.5B MCF (1990-Jun). Gas ~5.6M MCF. Storage ~33.95 BCF. Offshore Baldwin ~232 bbl, ~1.3M MCF. Negligible offshore vs federal. Federal ~1.8M bpd, deepwater 94%/80%, shelf declining. New projects add tens-hundreds K bpd. GoMESA $52M+. Onshore-dominant. Small-scale contributor.