NCEY Holdings, LLC. , headquartered in Houston, TX, is an independent oil and gas exploration, production and prospect generation company.
The Company's major areas of operations are located onshore United States, primarily in Jackson, McMullen and Matagorda Counties in Texas. The Company has approximately 3,000 net acres of oil and gas leasholds in Texas.
Prospects also located in Clarke County, Mississippi.
How dependent are we on foreign oil in 2015?
U.S. dependence on imported petroleum has declined since peaking in 2005. The strong growth in U.S. domestic crude oil drilling and production has contributed to the significant decline in imports. The United States continues to lead the world in increasing oil production. In the first half of 2015, United States oil production averaged 9.6 million barrels of crude oil per day (MM barrels/day) about 13% higher than the previous year. EIA expects U.S. crude oil production to decline in early 2016 due to lower oil prices
In July 2015, total imports to the United States of crude oil and refined products was 9.7 MM barrels/ day. EIA expects the net imports share to decline to 21% in 2016, which would be the lowest level since 1968.
The United States is the world’s largest petroleum consumer and it consumed about 19 million barrels / day in 2014, about 20% of the world’s total. Globally, oil demand in 2015 is approximately 94 million barrels per day. The second largest consumer of oil is China at 10.1 MM barrels/day; and Japan ranks third at 4.5 MM barrels/day.
The United States is the world’s third largest crude oil producer. Saudi Arabia, and Russia rank first and second.
Field Operations Photographs
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McMullen County, Texas
San Miguel Creek Field
Jackson County, Texas
West Ranch Field
The U.S. Energy Information Administration (EIA)
Western Hemisphere nations provide about half of our imported petroleum.