PCT Ltd (PCTL)

[beer$$money]

PCTL Today in 2021 is very different than 2015!! More cost-effective drilling technology helped to boost production, especially in Texas, North Dakota, Oklahoma, New Mexico, and Colorado. U.S crude oil production dropped by about 8% in 2020.


Where U.S. crude oil is produced
Crude oil is produced in 32 U.S. states and in U.S. coastal waters. In 2020, about 71% of total U.S. crude oil production came from five states.

The top five crude oil-producing states and their percentage shares of total U.S. crude oil production in 2020 were
Texas
43.0%
North Dakota
10.4%
New Mexico
9.2%
Oklahoma
4.1%
Colorado
4.0%
In 2020, about 14.6% of U.S. crude oil was produced from wells located offshore in the federally administered waters of the Gulf of Mexico.

https://www.eia.gov/energyexplained/oil-and-petroleum-products/where-our-oil-comes-from.php