Alaska in Oil: Ranking the States

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Today’s Key Takeaway:  80,000 barrels per day from Pikka and 180,000 from Willow will move Alaska in the right direction!

U.S. GoldMining Hosts Congressman Nick Begich at Whistler Gold-Copper Project, Alaska
U.S. GoldMining, September 29, 2025

U.S. GoldMining Inc. was honored to host United States Congressman, Nick Begich on a site visit to its 100% owned Whistler Gold-Copper Project (the “Whistler Project” or “Project“) on September 21, 2025. Rep. Begich represents the State of Alaska in the House of Representatives and is a member of the House Committee on Natural Resources. The visit reflects ongoing national-level interest in responsible resource development opportunities in Alaska’s West Susitna Mineral District, including the Whistler Project.

Rep. Begich’s visit follows Senator Lisa Murkowski’s tour of the Whistler Project in August 2025, further underscoring the importance Alaska’s congressional delegation is placing on the State’s resource opportunities. During his tour, Rep. Begich met with members of the Company’s technical and operational teams, who shared updates on its ongoing work at Whistler, including both district-scale exploration activities and advancement of the Project’s PEA (previously announced on June 9, 2025).

Mapped: U.S. Oil Production by State
Visual Capitalist, September 29, 2025

Key Takeaways

  • New Mexico doubled oil production from 2019 to 2024, reaching over 2M barrels/day.
  • Texas remains the top oil-producing state with 5.7M barrels/day, leading the Permian Basin output.

The U.S. is in the midst of a historic oil boom. For the past two years, the country has set oil production records, hitting over 13 million barrels of crude per day in 2024. This visualization maps oil production by state, highlighting where energy extraction is most concentrated. The data for this map comes from the U.S. Energy Information Administration (EIA).

Texas and New Mexico Dominate

Texas leads the nation by a wide margin, producing 5.7 million barrels per day in 2024.

RankState/TotalThousand barrels per day
1Texas5,675
2New Mexico2,023
3North Dakota1,194
4Colorado465
5Alaska421
6Oklahoma399
7California300
8Wyoming292
9Utah183
10Ohio100
11Louisiana83
12Kansas73
13Montana73
14West Virginia37
15Mississippi33
n/aOffshore Production1,802
n/aU.S.13,235

Northern Dynasty receives $12M royalty payment as government talks continue
Mining.Com, September 28, 2025

Northern Dynasty Minerals (says it has received another $12 million payment from its royalty investor while it continues to have talks with the US government on the approval of the company’s flagship Pebble project in Alaska.

The payment is part of a royalty financing agreement signed with an unnamed investor in July 2022 for Pebble, touted as one of the world’s largest copper-gold-molybdenum resources. However, the proposed mine has faced stern local opposition and undergone a protracted period of review due to its location near the Bristol Bay watershed, where some of the world’s largest sockeye salmon fisheries reside.

Under the royalty agreement, the investor can make five payments to the company totaling $60 million. The latest payment represents the fourth tranche, bringing the total royalty investment to date to $48 million. The maximum payment would give the investor the right to purchase 10% of the payable gold production and 30% of payable silver production from the Pebble project.

“We appreciate the continued support from our royalty investor and are pleased to see the fourth payment of $12 million completed,” said Ron Thiessen, Northern Dynasty’s president and CEO, in a press release.

“This $12 million investment, when combined with the several million dollars of inflow from the exercise of stock options and warrants this summer, and when added to our second quarter closing cash balance of C$25.2 million ($18.5 million), gives us a strong treasury position as we move the project forward.”